HomeUSAAirware Raises $30M in Series C Funding

Airware Raises $30M in Series C Funding

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airwareAirware, a San Francisco, CA-based developer of an operating system for commercial drones, raised $30m in Series C funding.

The round was led by Next World Capital with participation from John Chambers, Andreessen Horowitz, and Kleiner Perkins Caufield & Byers (KPCB). In conjunction with the funding, Tom Rikert, partner at Next World Capital, joined the company as a Board Observer while John Chambers, the current Executive Chairman and 20-year former CEO of Cisco, joined the Board of Directors.

The company intends to use the funds to grow customer success, professional services, sales, and marketing functions as well as to expand its geographic reach.

Founded in 2011 by CEO Jonathan Downey, Airware offers complete enterprise drone solutions built on a hardware, software, and cloud services platform. The solutions include cloud-based planning, commercial operator software, vehicles with autonomy and on-board sensors, cloud data processing, as well as analytics and reporting, all within a complete workflow that enables companies in insurance, utilities, telecom, and oil & gas to integrate aerial data into their existing business processes and systems.

FinSMEs

31/03/2016