Welcome!

News Feed Item

DroneBase Secures $12 Million Round of Series B Funding to Expand Drone Operations Technology

DroneBase, the largest global drone operations company, today announced it has raised $12 million in Series B funding to expand its drone operations services for enterprises. Union Square Ventures (USV) and Upfront Ventures co-led the round alongside DJI and new investors Hearst Ventures and Pritzker Group. This brings DroneBase’s total funding to more than $17 million.

“DroneBase has addressed two key challenges in the industry by providing reliable, affordable and scalable drone services for enterprises across industries, while offering opportunities for pilots of all skill sets with purposeful reasons to fly their drones,” said Jan Gasparic, Head of Enterprise Partnerships, DJI. “This round marks DJI’s third investment in DroneBase through SkyFund, which demonstrates our confidence in their continued success in an industry that, while growing at a rapid pace, is just at the beginning of realizing its full potential.”

DroneBase recently completed over 100,000 commercial drone missions for enterprise clients across various industries such as real estate, insurance, telecommunications, construction, and media. The company has the largest, most engaged and skilled drone pilot network, having grown it 10x year over year for the past two years. Through this network, DroneBase is able to turn around a client mission in less than 48 hours anywhere in the United States, since its pilots are active in all 50 states and over 60 countries.

“We want DroneBase to have the best customer experience for both our enterprise clients and pilots, and that means automating the operations layer so both parties can focus on what they do best,” said Dan Burton, Co-Founder and CEO, DroneBase. “We’re advancing how drones can make enterprises more efficient, and this new funding will allow us to make AirCraft Pro a reality.”

With this funding, DroneBase will focus on expanding its enterprise offering to include AirCraft Pro. DroneBase’s AirCraft technology is the first augmented reality (AR) technology for both recreational and commercial drone use. Since AirCraft’s launch on the DroneBase Pilot App, drone pilots have placed hundreds of thousands of blocks throughout the world. Available later this year, AirCraft Pro will enable companies from insurance to construction and real estate to telecom to use the AR technology for a wide variety of use cases.

“Today Los Angeles is the epicenter for innovation in aerial technology, and DroneBase is the leader in acquiring aerial imagery and data,” said Greg Bettinelli, Partner at Upfront Ventures and DroneBase Board Member. “We believe DroneBase will own the operations and infrastructure of the drone ecosystem and be able to serve clients across every industry as a result.”

DroneBase will also innovate its platform and API to become even more relevant, data-rich, and valuable for all of its clients. The DroneBase API allows enterprise companies to work with DroneBase at scale. It offers customers a way to seamlessly send 100’s or 1000’s of orders directly into DroneBase’s workflow to maximize efficiency, lower costs, and decrease turnaround time. Through a recent integration with AirMap, the DroneBase API also provides instant airspace clearance in U.S. controlled airspace near select FAA facilities, allowing for more flights for more customers.

DroneBase recently launched the DroneBase Pilot App on Android in the Google Play store, enabling opportunities for more pilots to take part in missions. The proprietary Pilot Dashboard shows pilots the number of missions flown, amount earned to date, and active missions. By being available on Android, DroneBase looks to broaden the reach of their global pilot network.

About DroneBase

DroneBase is the most scalable, affordable, and easy-to-integrate solution for enterprises to acquire drone data from the world’s largest pilot network. Based in Los Angeles, the company is the trusted, go-to platform for aerial images and data for worldwide enterprise commercial clients across multiple industries such as residential and commercial real estate, insurance, telecommunications, construction, and media. The company was incubated by Y Combinator and has raised more than $17 million in funding from Union Square Ventures, Upfront Ventures, Hearst Ventures, Pritzker Group, Accel Partners, SV Angel and DJI.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
All in Mobile is a place where we continually maximize their impact by fostering understanding, empathy, insights, creativity and joy. They believe that a truly useful and desirable mobile app doesn't need the brightest idea or the most advanced technology. A great product begins with understanding people. It's easy to think that customers will love your app, but can you justify it? They make sure your final app is something that users truly want and need. The only way to do this is by ...
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
CloudEXPO New York 2018, colocated with DevOpsSUMMIT and DXWorldEXPO New York 2018 will be held November 12-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI and Machine Learning to one location.
Hackers took three days to identify and exploit a known vulnerability in Equifax’s web applications. I will share new data that reveals why three days (at most) is the new normal for DevSecOps teams to move new business /security requirements from design into production. This session aims to enlighten DevOps teams, security and development professionals by sharing results from the 4th annual State of the Software Supply Chain Report -- a blend of public and proprietary data with expert researc...
DXWorldEXPO LLC announced today that Nutanix has been named "Platinum Sponsor" of CloudEXPO | DevOpsSUMMIT | DXWorldEXPO New York, which will take place November 12-13, 2018 in New York City. Nutanix makes infrastructure invisible, elevating IT to focus on the applications and services that power their business. The Nutanix Enterprise Cloud Platform blends web-scale engineering and consumer-grade design to natively converge server, storage, virtualization and networking into a resilient, softwar...
So the dumpster is on fire. Again. The site's down. Your boss's face is an ever-deepening purple. And you begin debating whether you should join the #incident channel or call an ambulance to deal with his impending stroke. Yes, we know this is a developer's fault. There's plenty of time for blame later. Postmortems have a macabre name because they were once intended to be Viking-like funerals for someone's job. But we're civilized now. Sort of. So we call them post-incident reviews. Fires are ne...
The digital transformation is real! To adapt, IT professionals need to transform their own skillset to become more multi-dimensional by gaining both depth and breadth of a wide variety of knowledge and competencies. Historically, while IT has been built on a foundation of specialty (or "I" shaped) silos, the DevOps principle of "shifting left" is opening up opportunities for developers, operational staff, security and others to grow their skills portfolio, advance their careers and become "T"-sh...
This session will provide an introduction to Cloud driven quality and transformation and highlight the key features that comprise it. A perspective on the cloud transformation lifecycle, transformation levers, and transformation framework will be shared. At Cognizant, we have developed a transformation strategy to enable the migration of business critical workloads to cloud environments. The strategy encompasses a set of transformation levers across the cloud transformation lifecycle to enhance ...
Authorization of web applications developed in the cloud is a fundamental problem for security, yet companies often build solutions from scratch, which is error prone and impedes time to market. This talk shows developers how they can (instead) build on-top of community-owned projects and frameworks for better security.Whether you build software for enterprises, mobile, or internal microservices, security is important. Standards like SAML, OIDC, and SPIFFE help you solve identity and authenticat...
Lori MacVittie is a subject matter expert on emerging technology responsible for outbound evangelism across F5's entire product suite. MacVittie has extensive development and technical architecture experience in both high-tech and enterprise organizations, in addition to network and systems administration expertise. Prior to joining F5, MacVittie was an award-winning technology editor at Network Computing Magazine where she evaluated and tested application-focused technologies including app secu...
Mike is managing director in Deloitte Consulting LLP's Cloud practice, responsible for helping clients implement cloud strategy and architecture to drive digital transformation. Beyond his technology experience, Mike brings an insightful understanding of how to address the organizational change, process improvement, and talent management challenges associated with digital transformation. Mike brings more than 30 years of experience in software development and architecture to his role. Most recen...
Having been in the web hosting industry since 2002, dhosting has gained a great deal of experience while working on a wide range of projects. This experience has enabled the company to develop our amazing new product, which they are now excited to present! Among dHosting's greatest achievements, they can include the development of their own hosting panel, the building of their fully redundant server system, and the creation of dhHosting's unique product, Dynamic Edge.