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Funding and Acquisitions

2016 Q4

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PE Hub

RRE to raise two funds, including $250 mln seventh core fund

Funding Messaging
PE Hub

Verizon buys VC-backed drone platform provider Skyward

GeekWire , ZDNet , TechCrunch

Verizon acquires Portland startup Skyward, a maker of drone management software

TechCrunch , PE Hub , FinSMEs

To detect prying eyes in the sky, Dedrone raises $15 million

$15,000,000 Venture capital
VentureBeat , ZDNet

Former Cisco CEO John Chambers invests in counter-drone security firm Dedrone

Funding Flying

A drone software firm has hired two execs from Salesforce and NetSuite


Energy giants AES partner with Measure to improve worker safety with drones

$10,000,000 Venture capital (Series A)
PE Hub , TechCrunch

Merus Capital leads Series A round for TerrAvion - PE Hub

Funding Energy Apps & Services
Venture capital (Series A)
TechCrunch , PE Hub

Caterpillar invests in Airware bringing drone tech to mining and construction enterprises

Funding Flying Apps & Services
PE Hub

VC-backed PrecisionHawk recruits Chasen as CEO - PE Hub

Flying Funding Technology

Measure raises $15 million to scale up 'drones as a service' DC

Seed fund
Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding , Forbes India

Defence IoT startup CRON Systems raises funding from YourNest

$16,000,000 Venture capital (Series A)
TechCrunch , SiliconANGLE Media

Drone delivery startup Flirtey raises $16 million to become a next-gen UPS

Funding Flying
$1,500,000 Venture capital (Series A)
TechCrunch , PE Hub

Iris Automation raises $1.5 million to help drones sense and avoid obstacles

$15,000,000 Venture capital (Series B)
TechCrunch , SiliconANGLE Media

Measure raises $15 million to fly drones as a service for other companies


Measure raises $15 million to help companies use drones to capture and analyze data

Flying Funding

What happened to the Lily camera drone?


Crunch Report | Lily Robotics Shuts Down

TechCrunch , CNET

San Francisco District Attorney files lawsuit against drone maker Lily for false advertising

SiliconANGLE Media

Crowdfunded Lily drone cancelled, will refund $34M in pre-orders - SiliconANGLE