The Global Lightning Dataset (GLD360^TM) is available from Vaisala and provides high precision lightning data with excellent coverage on a global scale. We evaluated the performance characteristics of the GLD360 using lightning data from the well-characterized U.S. National Lightning Detection Network® (NLDN®). With the implementation of improved algorithms and processing methods, the median location accuracy for the GLD360 is in the range of two to five km depending on time of day. The overall cloud-to-ground stroke detection efficiency (DE) is about 60%, with DE being higher for strokes with peak currents exceeding 10 kA. The location accuracy and detection efficiency of the GLD360 are better than those of earlier long-range lightning detection methods used by Vaisala and others. The median peak current estimation error is in the range of 20–30% depending on time of day, with the polarity estimation accuracy being about 90%. Peak current and polarity of each detected event are presently not reported by any other long-range lightning detection network. We will present examples of GLD360 lightning data and discuss plans to further improve the performance of the network.