Geospatial big data company Orbital Insight has raised $15 million in a Series B round led by GV (formerly Google Ventures), with participation from CME Ventures, and existing investors Sequoia Capital, Lux Capital, and Bloomberg Beta. Together with an investment and development agreement from In-Q-Tel (IQT), this investment adds $20 million to the company’s funding.
Orbital Insight works at the intersection of big data and the commercialization of space, working in large-scale analysis of satellite and UAV imagery. The company says it has developed algorithms to count and measure cars, roads, airplanes, clouds, haze, freshwater lakes, agricultural fields, buildings, and oil tanks.