Dedrone Raises $30.5M in Series C Funding

Dedrone

Dedrone, a San Francisco, CA-based smart airspace security company, closed a $30.5m Series C financing round.

The round was led by Axon, with participation from previous investors Aqton Partners, Menlo Ventures, Felicis Ventures, Target Partners, TempoCap and John Chambers, Chairman Emeritus of Cisco Systems and founder of JC2 Ventures.

Led by Aaditya Devarakonda, CEO, Dedrone is a drone security company that leveragesĀ advancedĀ AI/ML technology to analyze and fuse data from multiple sensors to detect, identify and trackĀ drones.Ā TheĀ airspace securityĀ solution alsoĀ equips users with advanced data analytics and mitigationĀ functionality.Ā The system is capable of quickly detecting, identifying and locating a large variety of drones from over 65 manufacturers as well as homemade drones without decoding telemetry data.Ā 

Dedrone is working across 33 countries to deliver detection, identification, tracking and mitigation of Small Unmanned Aircraft Systems (sUAS). It is used by the governments of four G-7 nations, nine U.S. federal agencies, including the Department of Defense, and internationally by more than 65 critical infrastructure sites, 20 airports, 50 correctional facilities and 10 Fortune 500 companies.

Established in 2014, the company is headquartered in San Francisco, with operations in the Washington, D.C.-area, Columbus, Ohio, London, andā€Æ Germany. ā€Æ

FinSMEs

20/12/2021