Dedrone, a San Francisco, CA-based developer of a civilian drone detection system, raised $10m in Series A funding.
The round was led by Menlo Ventures. In conjunction with the funding, Venky Ganesan, managing director at Menlo Ventures and early investor in Palo Alto Networks, will join Dedrone’s board of directors.
The company intends to use the funds to accelerate the advancement and sophistication of its drone detection technology and to expand its sales and marketing teams.
Founded in 2014 by CEO Joerg Lamprecht, Rene Seeber and Ingo Seebach, Dedrone provides DroneTracker, an automated, software-based drone detection platform that attaches to exterior walls of buildings, rooftops, or special masts, using a combination of audio, video, Wi-Fi and RF sensors to identify illegal drones in the vicinity.
The company, which distributed the platform via more than 100 partners in 50 countries, has customers in multiple sectors of critical infrastructure, including data centers, prisons, oil- and gas institutions and stadiums such as the Citi Field, home of the New York Mets.
It currently employs 40 people.