What is WeatherBug?
WeatherBug is a prominent provider of comprehensive weather information, offering current and extended local and national weather forecasts, news, temperature readings, live radar, lightning alerts, and hurricane advisories. The company leverages its extensive data capabilities to deliver critical weather insights to a broad audience, positioning itself as a key resource for both consumers and potentially enterprise clients requiring detailed meteorological data and analysis.
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 and Outcome Capital
Debt (2002): $3M, investors not publicly disclosed
Series B (2004): $23M supported by Polaris Partners, HarbourVest, and Steamboat Ventures
Key Investors in WeatherBug
Polaris Partners
Polaris Partners is a venture capital firm that specializes in backing transformational companies in the biotech and healthcare sectors. With over two decades of experience, they partner with entrepreneurs to create successful business solutions, providing coaching, advice, and resources for growth.
HarbourVest
HarbourVest Partners provides clients with private markets investment solutions through fund investing, secondary, and direct co-investments, as well as commingled funds or separately managed accounts. HarbourVest is headquartered out of Boston, Massachusetts.
Steamboat Ventures
Steamboat Ventures, founded in 2000, focuses on helping young companies become market leaders. They invest in early to growth stage companies within the technology, media, and consumer sectors. The firm is dedicated to creating lasting value in each of its investments.
What's next for WeatherBug?
The substantial enterprise-level funding and recent strategic investment indicate WeatherBug is poised for significant expansion and further development. This capital injection will likely fuel advancements in its forecasting technology, enhance its data analytics platforms, and broaden its market reach. The company's trajectory suggests a focus on solidifying its leadership in weather intelligence and exploring new avenues for data monetization and service delivery, potentially through deeper integration with enterprise solutions or advanced consumer-facing applications.
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