Skylark Drones secures $3M co-led by InfoEdge Ventures and IAN Fund – Geospatial World
Drone platform company, Skylark Drones has announced that it has secured $3 Mn in a pre-series A funding round co-led by investors such as InfoEdge Ventures and IAN Fund with participation from AdvantEdge Founders, Fowler Westrup, Redstart Labs, IKP and Vimson group. This follows the company’s previous seed funding round, which took place in 2018.
The funding will be deployed to enhance the actionable insights from drone data that it provides, in order to aid and simplify superior business decisions and strategy for its clients. The investment will also be used to spur international product expansion and development of its drone data analytics products.
Founded in 2014 by Bangalore based engineers, Mughilan Thiru Ramasamy and Mrinal Pai, the company provides work-site intelligence to enable accurate business decision-making using drone data. Currently, it has offices in the U.S. and India, and claims to have over 100 enterprise clients, more than 1 Mn images processed and over…