HERNDON, VA, HawkEye 360 announced it has secured $40 million in debt financing from Silicon Valley Bank.
HawkEye 360, a leading provider of space-based RF data and analytics, announced it had secured $40 million in debt financing from Silicon Valley Bank (SVB), a division of First Citizens Bank, to further its mission of delivering advanced geospatial capabilities. Over the past 12 months, HawkEye 360 has raised $108 million across its Series D-1 round and this debt financing, which has underscored the support and confidence from investors and lenders regarding its business and financial momentum.
HawkEye 360 is a defense technology leader providing ubiquitous knowledge of human activity, behavior, and situational trends derived from revolutionary radio frequency (RF) geospatial insights. The company's innovative space-based technology was developed to detect, characterize, and geolocate RF signals. These RF data and analytics provide an information advantage, allowing analysts to detect the first glimpse of suspicious behavior, trace the first sign of enemy activity, and reveal the first sighting of ships attempting to vanish. HawkEye 360's RF data and analytics present a quicker grasp of critical events and patterns of life, providing early warnings to drive tip-and-cue efforts and providing global leaders the insights needed to make decisions confidently.
(c) by Massinvestor, Inc. For contact info, please check out our
about page.