Orbital Insight Raises $15M In Series B Funding Round

The vendor will use the funding to expand the items that it monitors satellite imagery for, and will also invest in more data scientists.

Facebook signs deal to use satellite comms for Internet.org access

The funding round was led by GV (formerly Google Ventures), the venture capital investment arm of Google parent company Alphabet, with additional investment from CME Group's investment subsidiary CME Ventures, and US venture capital firms Sequoia Capital, Lux Capital and Bloomberg Beta.

Orbital Insight was founded three years ago to provide insights from high resolution images of the Earth. The vendor uses Big Data technology to map, count and measure cars, roads, airplanes, clouds, haze

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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