Weather satellite. (Credit: Tomorrow.io)
ClimaCell has changed its name to Tomorrow.io and raised new funding to accelerate SaaS growth and space operations
BOSTON (ClimaCell PR) – ClimaCell, the world’s leading weather intelligence platform is excited to announce its new funding round led by Stonecourt Capital and joined by Highline Capital, bringing total funding raised to more than $185 million. The company is also changing its name from ClimaCell to Tomorrow.io.
“We are thrilled to be partnering with Stonecourt Capital to continue executing on our complete disruption of the $4 trillion global weather, air quality, and climate-risk industry,” said Shimon Elkabetz, CEO and Co-Founder of Tomorrow.io. “CEOs should think of weather intelligence like they think of cybersecurity. Climate change impact on business, governments, and people is real and here, and the vision we are executing on at Tomorrow.io – including our recent space announcement – is shared by the leadership at Stonecourt Capital, and we are fortunate to be working alongside their team.”
In February 2021, Tomorrow.io announced Operation Tomorrow Space. The company is building the first-of-its-kind proprietary satellites equipped with radar, and launching them into space to improve weather monitoring and forecasting capabilities. The breakthrough technology represents a once-in-a-generation ...