DJI is coming to California. According to an exclusive report in Fortune, the world’s largest drone company is building a new research and development facility in Palo Alto. Citing as a source “several job listings posted in recent weeks,” Fortune writer Signe Brewster says the 12,000-square-foot building is located east of Stanford and currently houses DJI’s VP of … [Read more...] about Fortune: DJI to Open West Coast R&D Center
Accel Partners
Drone Company Investments Take the VC World by Storm
The recent announcement of Chinese drone industry leader DJI raising $75 million from Silicon Valley venture capital firm Accel, underlines a message the drone sector is clearly sending to Wall Street: UAV companies are poised to fly high in billion-dollar market skies. DJI has become the poster child for drone industry success. Sources say the Accel partnership will value … [Read more...] about Drone Company Investments Take the VC World by Storm
DJI Secures $75 Million Investment from Accel Partners
DJI, manufacturers of the extremely popular Phantom drones, has secured a $75 million investment from Palo Alto-based Accel Partners. The investment marks one of DJI's largest investments to date and demonstrates Silicon Valley's serious attitude towards the rise of the consumer drone. Neither DJI nor Accel would comment on how the investment effects DJI's valuation, but … [Read more...] about DJI Secures $75 Million Investment from Accel Partners
