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Venture Capital News: HawkEye 360 Raises $58M Series D-1

2023-07-13
HERNDON, VA, HawkEye 360, the world's leading defense technology company for space-based radio frequency (RF) data and analytics, announced today it has closed $58 million in new funding.
The funding will be used to develop new space systems and expand analytics that support high-value defense missions. This Series D-1 round was led by funds and accounts managed by BlackRock (NYSE: BLK) with additional funding provided by Manhattan Venture Partners and existing investors including Insight Partners, NightDragon, Strategic Development Fund (SDF), Razor's Edge, Alumni Ventures, and Adage Capital.

HawkEye 360 is a defense technology leader providing global knowledge of human activity and trends derived from revolutionary radio frequency (RF) geospatial intelligence. The company's innovative space-based technology was developed to detect, characterize, and geolocate a broad range of 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 adversarial activity, and reveal the first sighting of ships attempting to vanish. HawkEye 360's RF intelligence presents a quicker grasp of critical events and patterns of life, providing early warnings to drive tip-and-cue efforts, and providing leaders the insights needed to make decisions with confidence.
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