TempoQuest, Inc., a Las Vegas-based developer of weather forecasting tools, completed a $1.0m Series A funding.
Backers included Nvidia GPU Ventures; co-founders Edward “Ed” Keible (Executive Chairman and CEO), Gene Pache and Victor Schnee and angel investors Robert “Bob” Pavey (the Founder and Managing Director of Pavey Investments), Harvey Jones (the managing partner of Square Wave Ventures), and Al Boschulte (the former Chairman, CEO of NYNEX Mobile, now part of Verizon Wireless).
Founded in July 2014, TempoQuest focuses on developing weather forecasting tools to more precisely predict weather systems, using GPU-based high performance computers. The company’s software, which is designed to be deployed on NVIDIA’s GPU accelerators, is expected to accelerate weather forecast processing by a factor of ten and improve precision by a factor of three, increasing the usefulness of the forecasts for multiple weather impacted industries like transportation and energy.
FinSMEs
26/10/2016