Space‑Time Insight is a San Mateo, CA–based provider of situational intelligence solutions led by CEO Rob Schilling. The company’s software enables managers of transmission, communications and transportation networks, Smart Grids and Cities to visualize and analyze massive volumes of diverse real-time and historical data. Customers use the product to reduce risk, improve service reliability and efficiency, and reduce costs. Customers named in the article include Hydro One, Southern California Edison, the California ISO and Sacramento Municipal Utility District (SMUD), as well as a global delivery services company. The company plans to expand its presence in the US, Europe and Asia and to increase its product offerings for industries such as Utilities, Oil & Gas and Transportation. The article reports a Series C financing that provides additional capital to support those plans. Space-Time Insight develops geospatial and visual analytics software that fuses disparate datasets — including internal systems, sensors, meters and weather feeds — to create real-time analysis models. Its primary customers are in the energy and utility markets, where the software maps and visually displays data across widely distributed assets. The company positions its platform as valuable for monitoring and analyzing the flow of data across energy grids and related infrastructure. The technology could also be applied to other industries that manage large, distributed asset bases. Earlier this week Space-Time Insight raised $14 million to further develop its geospatial and visual analytics software. Investors in the round include EnerTech Capital, Novus Energy Partners and ClearSky Power & Technology Fund, alongside existing backers Opus Capital Ventures and Start Up Farms International (SUFI). Space-Time Insight builds software that visualizes multiple data streams on 3-D satellite maps to pinpoint anomalies for utilities and other infrastructure companies. Its platform provides location-based, real-time status updates and can flag events such as floods, fires, earthquakes and extreme weather. The system is used to detect the origin of power outages, recommend remediation actions, forecast wind conditions for renewables, and monitor smart grids down to regional or single-residence levels. Customers named in the coverage include Entergy, Sempra Energy, the California ISO, Johnson & Johnson and Novartis. The company is Fremont, Calif.-based and says the product addresses complex, hard-to-parse sensor and control-center data by rendering it geographically for faster response. Space-Time Insight recently secured funding to further develop its technology.

Total raised

$34M

Funding rounds

3

Latest round

Series C

Latest activity

Sep 2013