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World View balloon venture gets a $26.5M lift

World View balloon
World View sends up a Z-Class stratospheric flight vehicle to conduct research on radiation level for NASA Ames Research Center and Space Environment Technologies. (World View Photo)

Arizona-based World View says it has closed a $26.5 million Series C financing round, led by Accel with participation from previous investors Canaan and Norwest Venture Partners. The funding will help World View accelerate work on its Stratollite system, a low-cost, balloon-borne platform that can provide satellite-type services.

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By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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