Dedrone Funding $30 Million Series C for Airspace Security
by Ian M Crosby
Today, smart airspace security leader Dedrone announced its closing of $30 million in an oversubscribed Series C-1 financing round.
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The round was led by public safety technology company Axon, with participation from Aqton Partners, Menlo Ventures, Felicis Ventures, Target Partners and individual Silicon Valley entrepreneurs. This latest round of funding follows this past December’s Series C round, which brought in $30.5 million. Dedrone will leverage the funding to further expand its team globally, establishing a second office in California as well as advancing its multi-sensor fusion airspace security solution.
“As more and more drones enter the skies, maintaining airspace security has become a vital function of national and local governments, law enforcement, critical infrastructure, public venues and much more. This fact is illustrated by the…