Measure Raises $15M in Series B Financing

Measure, a Washington, DC-based Drone as a Service® operator, raised $15m in Series B financing.

Cognizant (NASDAQ: CTSH), a Teaneck, New Jersey (U.S.)-based provider of information technology, consulting, and business process services, made the investment.

The company intends to use the funds to expand to new customers and to offer innovative services around data analysis not currently available in the market.

Led by Brandon Torres Declet, CEO, Measure and its national network of licensed pilots provide solutions to acquire, process, and deliver actionable aerial data to enterprise customers.
Since the investment round in September of 2015, Measure has grown to provide comprehensive drone services, pioneering use cases such as cell tower inspections, construction development, precision agriculture, disaster response, live media coverage, and more.
In 2016, its pilots flew over 1,100 flights for some of the largest and most innovative Fortune 1000 companies.



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