DroneDeploy Raises $20M in Series B Financing

DroneDeploy, a San Francisco, CA-based cloud software platform for commercial drones, raised $20m in Series B financing.The round was led by Scale Venture Partners with participation from existing investors and High Alpha Capital, which is led by ExactTarget co-founder and former CEO, Scott Dorsey.The company, which has raised $31m in total funding, will use the funds to accelerate its market penetration, develop additional enterprise features and enable businesses to extract deep insights.Led by Mike Winn, co-founder and CEO, DroneDeploy provides a cloud software platform which allows brands across industries, including agriculture, construction, mining, inspection and surveying globally, to leverage drones and aerial data for professional-grade imagery and analysis, 3D modeling, etc.DroneDeploy users have mapped and analyzed over 5 million acres in over 130 countries.