MARITIME SURVEILLANCE TECHNOLOGY FIRM, WINDWARD RAISES $10.8 MILLION

What does Windward do?

Windward is an Israeli technology firm that analyses maritime data that is being used by humans. It uses satellite-tracking technology to analyses and track usage by humans of the seas.it develops great and innovative technology for the maritime security.

Using unique and one of a kind algorithms it uses commercial satellites to track all the sea going vessels so that they can be tracked at all times. Windward provides a great opportunity to analyze the data generated by the surveillance technology in real time and thereby providing information about suspicious maritime vessels.

How much Windward was funded?

A total of $15.8 million was raised so far by Windward in a couple of series funding.

On the 27^th of April 2015 windward raised around $10.8 million in Series B funding from investors Horizon Ventures and with supporting funding from Aleph Ventures.

Previous Funding:

Series A funding led by investors Aleph Investors have pumped in $5 million on the 7^th of November 2013.

What is next for Windward?

With the recent funding the firm, it hopes to increase its presence in marine intelligence or Marint and also data and analytics platforms.

A huge amount of data is generated in the process of the surveillance and this real time data is used in security installations and also can be used for civilian and research purposes like the ecological mapping of the unchartered seas.

More about Windward:

Ami Daniel and Matan Paled founded the company in 2010 with the intention of analyzing the maritime data. Headquartered in Kloten it analyses the behavior of vessels and the habits of them chartering the seas thereby providing actionable Intel on the smart operations.

As the data generated is so huge it sets its sights working 24×7 on relevant data thereby providing useful information. The company aims to scale up operations from its present employee base and foraying further into this promising sector.