DroneBase Raises $12M in Series B Funding

Funding Rounds

Summary

DroneBase, a Los Angeles, CA-based global drone operations company, raised $12m in Series B funding.The company intends to use the funds to expand its drone operations services for enterprises.Led by Dan Burton, Co-Founder and CEO, DroneBase provides a solution for enterprises to acquire drone data from a large pilot network.The aerial images and data is used worldwide by enterprise commercial clients across multiple industries such as residential and commercial real estate, insurance, telecommunications, construction, and media.The company, which was incubated by Y Combinator, is expanding its enterprise offering to include AirCraft Pro, which will enable companies from insurance to construction and real estate to telecom to use the AR technology for a wide variety of use cases.

$ Funding

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Amount $12.0M Total raised
Date February 15, 2018 Announcement date
Investors DroneBase Lead investors
Company http://dronebase.com Funded company

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