Descartes Labs Raises $30M in Series B Funding
Summary
Descartes Labs, a Santa Fe, New Mexico-based provider of machine learning powered satellite imagery, raised $30m in Series B funding.Led by Mark Johnson, Co-Founder and CEO, Mike Warren, Co-Founder and CTO, Descartes Labs leverages AI and high-performance cloud computing to provide a cloud-based platform for the application of machine intelligence to massive data sets.Today, the company uses satellite imagery to model complex systems on the planet, like forestry and agriculture.It processes data flows from all the major satellite constellations at scale to provide instant access to analysis-ready images of the entire world in a massive, searchable, on-demand interface.Descartes Labs spun out of Los Alamos National Laboratory in 2015.
Funding
Amount
$30.0M
Total raised
Date
August 25, 2017
Announcement date
Investors
-
Lead investors
Company
https://www.descarteslabs.com
Funded company
Classifications
industries
No industries detected
applications
AI & Machine learning
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