ClimaCell Grabs $45M for Weather Data for Airlines, Driverless Cars
Summary
Aviation, public utilities, and insurance are among the old-line industries that rely on accurate weather forecasts and monitoring to make crucial decisions for their operations. ClimaCell’s current customers include JetBlue, Delta Air Lines (NYSE: DAL), ride-hailing app company Via, and Autodesk (NASDAQ: ADSK), the 3D design and engineering software maker. The basic principle is that weather and atmospheric conditions affect wireless signals beamed through the air between cellular towers and mobile phones and other connected devices. The plan is to double the size of its staff in the coming year, adding salespeople, Web and mobile software developers, atmospheric data scientists, “digital signals researchers,” and other types of jobs, Elkabetz said. The company said it will also use the new funding to expand its international operations, including making its service available in developing countries that lack sufficient weather forecasting infrastructure, like India.
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