Internet & IoT Startup ClimaCell Secures $15 Million
November 28, 2017
3:19 pm
Credit: climacell.co
ClimaCell, a Boston, Massachusetts-based weather tech company, closed $15 million in Series A financing, led by Canaan Partners, with participation from Fontinalis Partners and Square Peg Ventures.
The company claims that its ClimaCell HD WeatherLayer™ provides accurate weather data by integrating its proprietary data obtained from wireless networks with data from traditional sensors, with 90% correlation to ground truth.
The latest investment will be used to accelerate ClimaCell’s expansion outside of the U.S., speed product development efforts, and support new hires.
