Google on Tuesday agreed to buy satellite startup Skybox Imaging for $500 million in cash, report the WSJ’s Douglas MacMillan, Rolfe Winkler and Alistair Barr. Founded in 2009, Skybox raised $94 million from investors including Khosla Ventures, Bessemer Venture Partners and Norwest Venture Partners, according to Dow Jones VentureSource. The startup may have data-analysis applications that go far beyond Google Maps, the WSJ’s Elizabeth Dwoskin reports.
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To read the original article: The Daily Startup: Corporate Giants Turn To Startups For Mapping Tech - Venture Capital Dispatch - WSJ
