What is WeatherBug?
WeatherBug is a prominent digital platform providing comprehensive weather forecasts, including current and extended local and national outlooks. The service offers detailed information on temperature, live radar, lightning alerts, and hurricane warnings, making it a vital resource for consumers and businesses alike. Its extensive data offerings aim to keep users informed and prepared for various weather conditions, solidifying its position as a key player in the meteorological information industry.
How much funding has WeatherBug raised?
WeatherBug has raised a total of $41M across 3 funding rounds:
Series A
$15M
Debt
$3M
Series B
$23M
Series A (2000): $15M with participation from HarbourVest Partners and Outcome Capital
Debt (2002): $3M, investors not publicly disclosed
Series B (2004): $23M supported by HarbourVest Partners, Polaris Partners, and Steamboat Ventures
Key Investors in WeatherBug
HarbourVest Partners
HarbourVest Partners is a global private markets investment firm providing clients with fund investing, secondary, and direct co-investment solutions. They are headquartered in Boston, Massachusetts.
Polaris Partners
Polaris Partners is a venture capital firm specializing in early-stage investments, particularly in the biotech and healthcare sectors, aiming to foster innovation and growth.
Steamboat Ventures
Steamboat Ventures invests in early to growth-stage companies within the technology, media, and consumer sectors, focusing on helping young companies achieve market leadership.
What's next for WeatherBug?
With substantial enterprise-level backing and a recent strategic investment, WeatherBug is poised for significant advancements. The company is likely to leverage this capital to enhance its technological infrastructure, expand its data analytics capabilities, and potentially broaden its service offerings. Future developments may include deeper integration with smart home devices, more sophisticated predictive modeling, and expanded partnerships to deliver hyper-local weather insights. This strategic financing will fuel WeatherBug's mission to provide accurate and timely weather information across diverse platforms.
See full WeatherBug company page
