Banking & Finance  December 13, 2017

Weather-software company closes $2.5M financing round

BOULDER — Tempo Quest Inc. has closed a seed-financing round that generated $2.5 million.

The company announced Wednesday that investors in the financing round included SCubed Capital LLC, based in Menlo Park, Calif., and a group of individual angel investors including Bob Pavey and Harvey Jones.

Tempo Quest president Gene Pache said that the financing will help speed development of new weather-forecasting software.

“The need for increased weather forecasting speed and accuracy has never been greater, as evidenced by the catastrophic impact recent weather events have had on lives and property in the U.S.,…

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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