DroneBase, a Los Angeles, CA-based global drone operations company, raised $12m in Series B funding.
The round, which brings total funding to more than $17m, was led by Union Square Ventures (USV) and Upfront Ventures with participation from DJI and new investors Hearst Ventures and Pritzker Group.
The company intends to use the funds to expand its drone operations services for enterprises.
Led by Dan Burton, Co-Founder and CEO, DroneBase provides a solution for enterprises to acquire drone data from a large pilot network. The aerial images and data is used worldwide by enterprise commercial clients across multiple industries such as residential and commercial real estate, insurance, telecommunications, construction, and media.
The company, which was incubated by Y Combinator, is expanding its enterprise offering to include AirCraft Pro, which will enable companies from insurance to construction and real estate to telecom to use the AR technology for a wide variety of use cases. It also offers the DroneBase API, which allows enterprise companies to work with DroneBase at scale and recently launched the DroneBase Pilot App on Android in the Google Play store, enabling opportunities for more pilots to take part in missions.
FinSMEs
15/02/2018