202004 Feb

DroneDeploy Secures $50M to Accelerate Development Beyond Drones and Solidify Global Market Leadership

Summary

DroneDeploy has led the market, achieving 259% annual growth in enterprise use in 2020 and even greater adoption by Fortune 500 energy, agriculture, engineering, property and logistics management, and insurance companies. We will continue to enhance our complete digitization platform to deliver fully immersive environments.” DroneDeploy’s momentum in product development and customer wins has attracted investor interest. companies have seen unprecedented growth overseas in recent years as software buyers around the globe catch up with those in the U.S. Frontline Ventures works with SaaS market leaders to break into Europe. Trusted by brands globally, DroneDeploy captures every dimension of job sites, structures, and assets, and transforms it into meaningful insights for industries including construction, energy, and agriculture. With the largest and most experienced venture team in the region, AirTree offers founders much more than just money with their value-add services including recruitment, expertise, connections and advocacy.

Source: Globenewswire

Funding

$50M
Amount
Feb 04 2020
Date
-
Investor
DroneDeploy
Company

Classifications

Companies