DroneBase Secures $12 Million in Series B Funding
DroneBase today announced it has raised $12 million in Series B funding to continue expanding its drone operations services for enterprises. Union Square Ventures and Upfront Ventures co-led the round, alongside DJI and new investors Hearst Ventures and the Pritzker Group.
DroneBase, located in Los Angeles, provides a platform for aerial images and data for worldwide enterprise commercial clients across multiple industries. According to the company, DroneBase recently completed more than 100,000 drone missions for enterprise clients across multiple industries such as real estate, insurance, telecommunications, construction, and media.
With the new funding, DroneBase will focus on expanding its enterprise offering to include AirCraft Pro, an augmented reality technology for both recreational and commercial drone use. AirCraft Pro will be available later this year.