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$10.8m in funding for maritime data platform

Ami Daniel, co-founder and CEO of Windward Ami Daniel, co-founder and CEO of Windward

Maritime data and analytics company Windward has announced that it has received a strategic investment of $10.8 million, led by Horizons Ventures, to help fund construction of what Windward calls “the largest, most comprehensive maritime data and analytics platform in history.”

{mprestriction ids="1,2"}Windward's intelligence solution, MARINT, is already in use by security and law enforcement agencies in various countries, who use the data to pre-emptively identify threats before they reach their shores.

This new funding by Horizons Ventures, Aleph and other financial investors will enable Windward to expand its deep learning capabilities via its Windward Mind data platform and to operationalise FORESEA, its finance solution.

Currently, FORESEA is in beta testing as the first significant vertical extension of the Windward Mind platform, with the aim of providing traders, investors and analysts with access to huge amounts of unstructured data. 

"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 honoured 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 analogue world."

In addition to funding support, Windward will be adding advisors to its boards, with a member of Horizons joining Windward's Board of Directors.

Additional investors include Tom Glocer, the former CEO of Thomson Reuters, and Ret. Lieutenant General Gabi Ashkenazi, the former IDF Chief of Staff and former CEO of the Israeli Ministry of Defense. Both are joining Windward's Advisory Board, while Danielle Ullner has also joined Windward as Chief Operating Officer.

"Ship activity across the oceans fuels the global economy but is one of the last analogue arenas. The Windward team is revolutionising this archaic system and bringing visibility to this critically important domain, advancing the global ecosystem," said Jason Wong of Horizons Ventures.{/mprestriction} 

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