Geospatial data analytics company HawkEye 360 has raised $59 million in a Series D-1 funding round and intends to use the new capital for space system development and defense mission support expansion.
The financing activity was led by investment firm BlackRock, with the additional backing of seven other companies, HawkEye 360 said Thursday.
Manhattan Venture Partners, Adage Capital Management, Alumni Ventures, Insight Partners, NightDragon, Strategic Development Fund and Razor’s Edge are the other investors.
“We’ve learned much over the past four years delivering data to the most demanding customers in the world. We’ll use this funding to drive our next steps in innovation,” HawkEye 360 CEO John Serafini said.