DroneDeploy Raises $35M in Series D Funding

dronedeployDroneDeploy, a San Francisco, CA-based enterprise-grade drone software solution, closed a $35m Series D funding round.

The round, which brought DroneDeploy’s total funding to $90m, was led by Bessemer Venture Partners with participation from Energize Ventures, AirTree, Emergence Capital, Scale Venture Partners, and Uncork Capital. In conjunction with the funding, Bessemer partner David Cowan, will join the Board along with Tracy Young, Co-Founder and former CEO of PlanGrid.

The company intends to use the funds to expand internationally, move into new industries, and further build out its suite of offerings for customers.

Led by Mike Winn, Co-Founder and CEO, DroneDeploy provides an enterprise-grade drone software solution to more than 5,000 customers across several industries, including those in oil & gas, construction, mining, solar, agriculture, insurance, wind, and search & rescue. Customers have mapped more than 100 million acres on the platform.
The company recently announced new partnerships with Airbus and drone hardware maker Skydio.

FinSMEs

13/11/2019

 

Join the discussion