Weather forecasting startup Understory has closed its seed round at $1.9 million with True Ventures as the lead investor. RRE Ventures, Vegas Tech Fund, Andrew C. Payne, and SK Ventures also contributed to the financing, according to VentureBeat.
Founder and chief executive officer (CEO) Alex Kubicek gave a little insight into the startup's plans: "The primary sources [of weather information for enterprises] use a lot of radar and satellite measurement. They do use a little ground-level observation but within 40 kilometers of the middle of Boston there might be three [on the ground] stations. We would put 50 stations in the same area."
In the next 18 months, the company will be using the new capital to develop software for its weather data gathering services. It will also build a short-term weather forecasting model, the report detailed.
Founded in 2012 in Boston, Understory uses ground-level observation to detect of rain, hail, and wind. The startup believes it will be able to gather more data from the ground rather than from the sky. Its stations are also able to detect heat, pressure, light, humidity, and lightning strikes, VentureBeat reported.
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