Planet Labs nets $52M in Series B funding to map Earth with tiny satellites

Over the past year, San Francisco space startup Planet Labs sent a trickle of shoebox-sized satellites into space. Next month, it will send a deluge when its new fleet of 28 “Doves” launch. It announced today that it will do so with the help of $52 million in Series B funding, led by Russian entrepreneur Yuri Milner.¬†Felicis Ventures, Lux Capital, Industry Ventures and Ray Rothrock also joined as new investors.¬†Planet Labs’ satellites take images of the Earth, which can provide data to the agriculture, environmental and other industries. The images are available to anyone for a fee.