Windward, which provides maritime data and analytics, has raised $10.8 million in funding led by Horizons Ventures, with participation from returning investor Aleph.
This brings the company’s total raised so far to $15.8 million.
The startup’s products currently include MARINT, which tracks vessel traffic using commercial satellites and alerts law enforcement and intelligence agencies about suspicious behavior, such as smuggling or illegal fishing.
CEO and co-founder Ami Daniel tells TechCrunch that the funding will be used to build Windward’s data and analytics platform, scale up MARINT, and bring FORESEA, a financial platform targeted to commodity traders, hedge fund investors, and analysts that is currently in beta, to market.
Daniel says Windward was founded to aggregate information about ship activity at sea, since “the data is massive, fragmented, and often intentionally manipulated.”
“As the company evolved, we realized that the potential applications of real maritime visibility were far more…
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