Big data company Orbital Insight has raised $8.7m in its series A round as it looks to expand its engineering and sales capabilities.
Google Ventures, the corporate venturing arm of internet company Google, and Bloomberg Beta, a venture capital fund owned by media group Bloomberg, took part in a $8.7m series A round for big data company Orbital Insight yesterday.
The round was led by venture capital firm Sequoia Capital and also included Citizen.VC and Lux Capital.
Orbital has developed technology that leverages a combination of image processing, neural networks, machine learning and statistical analysis to extract information from satellite images.
Clients, which…