WindBorne Systems has raised $37 Million in new Series B funding
According to filings with the U.S. Securities and Exchange Commission, WindBorne Systems has raised $37 Million in new Series B funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: Khosla Ventures, Galvanize, TransLink Capital, and Lux Capital
About WindBorne Systems
WindBorne Systems is a weather intelligence company building the planetary nervous system. The company designs, manufactures, and operates the worlds only constellation of smart, long-duration sensing balloons that power the leading AI global weather forecasts. WindBorne’s data is assimilated into government forecasting systems and used by government agencies alongside a growing base of commercial customers. Founded in Palo Alto and backed by Khosla Ventures and Galvanize, WindBorne is building the accuracy layer that modern weather forecasting has been missing.
To learn more, visit https://windbornesystems.com/
Linkedin: https://www.linkedin.com/company/windborne/
Contact:
John Dean, Chief Executive Officer
https://www.linkedin.com/in/johnldean/
SOURCE: http://www.intelligence360.io
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