Silicon Valley sometimes mocks travel companies for not being as nimble as tech startups. So it’s refreshing to learn that JetBlue Airways was a valuable mentor to Tomorrow.io, a tech startup that is now being valued at more than $700 million.
Tomorrow.io, a weather intelligence company, said Tuesday it plans to go public through a merger with Pine Technology, a blank check company. The target for the pro forma enterprise value of the combined company would be about $729 million.
Tomorrow.io offers real-time weather forecasts relevant to business operations. Its 120 enterprise customers include AeroMexico, Azul, Delta, and United — plus several other non-travel companies.
JetBlue Technology Ventures joined others, including Koch Strategic Platforms, National Grid Partners, and SoftBank Group’s SB…