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financing

October 26, 2015

Aeryon Labs Inc. Secures $60 Million in Growth Financing

Waterloo, ON, Canada, Oct. 23, 2015—Aeryon Labs Inc., the premier manufacturer of small unmanned aerial systems (sUAS) and mission control software, today announced that it has closed a $60 million investment from Summit Partners. This investment will help the company realize its ambitious vision for the sUAS market, which sees widespread adoption across military, public

September 30, 2015

32 Advisors Spins Out and Completes Financing for Measure, The First Nationwide Commercial Drone Operator

WASHINGTON, Sept. 30, 2015—32 Advisors and Measure, the leading Drone as a Service® company announced today that Measure completed a significant capital raise and will become an independent entity. The company provides turnkey solutions to acquire, process, and deliver cost-effective, actionable aerial data to enterprise customers. The round was led by Hudson Bay Capital with participation

March 6, 2015

3DR Raises $50M in Series C Funding, Extending Smartphone Revolution to Drones

The following is a post that appeared on the 3DR Blog on March 6, 2015—We’re thrilled to announce that we’ve secured a third round of venture financing, a $50 million dollar Series C injection spearheaded by Qualcomm, global leader in 3G and next-generation mobile technologies. We raised such a big round for two reasons. First, to leverage the extraordinary

September 24, 2014

PrecisionHawk Raises $10 Million in Series B Financing

THORNHILL, ON, Canada, Sept. 18, 2014—PrecisionHawk, an information delivery company that uses a small, lightweight UAV and cloud-based software to collect, process and analyze aerial data, today announced it has closed a Series B financing round of approximately $10 million led by New York City-based investor Millennium Technology Value Partners. Existing investors Bob