{"id":75184,"date":"2015-01-21T23:38:30","date_gmt":"2015-01-21T15:38:30","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/planet-labs-raises-95-million-from-investors\/"},"modified":"2015-01-21T23:38:30","modified_gmt":"2015-01-21T15:38:30","slug":"planet-labs-raises-95-million-from-investors","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/planet-labs-raises-95-million-from-investors\/","title":{"rendered":"Planet Labs Raises $95 Million From Investors"},"content":{"rendered":"<\/p>\n<p>[Via Satellite 01-21-2015] <b>Planet Labs<\/b>, operator of a constellation of 73 small Earth observation satellites, has completed the first closing of the majority of its $70 million Series C round which, led by <b>Data Collective<\/b>, garnered support from both new and existing investors. In tandem with the closing of a $25 million debt facility from <strong>Western Technology Investment<\/strong>, the complete financing round amounts to $95 million.<\/p>\n<p>Planet Labs also opened a new office this month in San Francisco and announced that Data Collective\u2019s co-Managing Partner Zachary Bogue will join the company\u2019s board of directors. Tom Barton, COO of Planet Labs said the company is delivering data to customers, such as <b>Woolpert<\/b> and <b>Geoplex<\/b>, and is actively seeking new partnerships. Following the destruction of 26 satellites in the Oct. 28, 2014 Antares launch failure, the company quickly manifested two more satellites aboard the <b>SpaceX<\/b> CRS-5 mission through <b>NanoRacks<\/b>.<\/p>\n<p>\u201cPlanet Labs is on its way to becoming the next great commercial space company,\u201d said Steve Jurvetson, partner at <b>Draper Fisher Jurvetson<\/b> (DFJ) and board member of Planet Labs, SpaceX, and <b>Tesla<\/b>. \u201cLeveraging the lower cost of access to space, businesses like Planet Labs are redefining space as the new frontier of innovation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[Via Satellite 01-21-2015] Planet Labs, operator of a constellation of 73 small Earth observation satellites, has completed the first closing of the majority of its $70 million Series C round which, led by Data Collective, garnered support from both new and existing investors. In tandem with the closing of a $25 million debt facility from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":75185,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-75184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/75184"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=75184"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/75184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/75185"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=75184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=75184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=75184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}