Maritime Data Startup Windward Raises $10.8 Million to Track The Oceans

Former IDF Cheif of Staff Ret. Lieutenant General Gabi Ashkenazi joins Windward's board.

Windward

Israeli firm Windward, a maritime data and analytics company, announced a strategic investment of $10.8 million led by Horizons Ventures, with participation from Series A investor, Aleph, and other leading investors in the financial community.

The company declared that this strategic investment will accelerate Windward’s ability to build the largest, most comprehensive maritime data and analytics platform in history. In addition, it will make those insights accessible for anyone with stakes at sea, with a solution for the financial sector scheduled to launch later in 2015.

Windward’s intelligence solution, MARINT, is already in wide use by Security, Intelligence and Law Enforcement agencies worldwide, who use Windward’s data and insights to preemptively identify threats before they reach their shores. The funding by Horizons Ventures, Aleph and other financial investors will enable Windward to expand its deep learning capabilities via its unique data platform – the Windward Mind – and to operationalize FORESEA, its finance solution.

Currently, FORESEA is in beta testing as the first significant vertical extension of the Windward Mind and is providing traders, investors and analysts with access to unprecedented amounts of unstructured data, critical insights and untapped market opportunities.

“The Windward Mind, the world’s first maritime data platform, brings cross-vertical and industry visibility into ship activity worldwide that is critical given the economics at stake, ” said Ami Daniel, co-Founder and CEO of Windward. “We are honored to have Horizons Ventures join our journey. Horizons has a unique perspective as a seasoned investor in some of the world’s most disruptive tech companies; their involvement will provide us with many valuable opportunities for innovating this analog world.”

A member of Horizons will be joining Windward’s Board of Directors. Additional investors include Tom Glocer, the former CEO of Thomson Reuters, who will also be joining Windward’s Advisory Board. Ret. Lieutenant General Gabi Ashkenazi, the former IDF Chief of Staff and former CEO of the Israeli Ministry of Defense, is also joining Windward’s Advisory Board, with a depth of understanding of the security domain.

In addition, Danielle Ullner has joined Windward as Chief Operating Officer. Ullner is the former VP of Strategic Partnerships at Perion, and will focus on deepening partnerships and access across the shipping and ports ecosystem.

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