Planet Labs, the US based private startup that intends to create an ‘Earth-imaging satellite network with open data access’, just leveled up with a planned $70 million Series C round funding.
As a followup of the funding, Zachary Bogue, Data Collective’s Co-Managing Partner, will join the Planet Labs board. New investors include Yuri Milner, Draper Fisher Jurvetson, Capricorn Investment Group, O’Reilly Alpha Tech Ventures (OATV), Founders Fund and First Round Capital among the others.
This development comes in the wake of the hiring of industry veteran, the former CEO of Rackable Systems (now SGI) as their Chief Operating Officer.
The outfit has already launched 73 satellites dubbed Doves, the latest two of which went into orbit on the 10th of this month on a Falcon 9 rocket designed my Elon Musk’s SpaceX.
Planet Labs names two customers the US based Woolpert and the Australian mapping company Geoplex.
Leave a Reply