Spire, Maker of Radio-Size Satellites, Tunes Into $40 Million in New Funding

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Spire Spire, a San Francisco-based satellite-powered data company, has just landed $40 million in Series B funding led by an earlier backer, Promus Ventures. Bessemer Venture Partners and Jump-Capital also joined the round, as did previous investors RRE Ventures and Lemnos Labs. The financing brings the company’s total funding to roughly $80 million – a fair amount for a company that… Read More