(Source: techcrunch.com) It’s not big money yet, but drone technology has investors looking to the sky for pennies from heaven. Venture investments last quarter hit an all-time high of $65 million as Airware and PrecisionHawk raised some of the first significant follow-on rounds to date. Seed rounds shot up in 2013 as 14 new drone tech companies closed their first … [Read more...] about VCs Start To Swarm On Drone Deals
Google Ventures
Google’s Drone Effort Lifting Venture Investors’ Hopes
from Wall St Journal Blogs The commitment to drone technology by major U.S. corporations is great news for startups and investors who will need their help to sway regulators over the next few years. First, Amazon CEO Jeff Bezos unveiled a plan in December to deliver packages using drones. Now Google's advanced-research lab is developing a similar system, the WSJ reports, and … [Read more...] about Google’s Drone Effort Lifting Venture Investors’ Hopes
Airware Raises $25 Million Series B to Bring Drone Operating System to Market
UAS hardware, software and cloud services provider Airware announced on Wednesday the closing of a $25 million Series B round of funding led by Kleiner Perkins Caufield & Byers with Andreessen Horowitz and First Round Capital participating. Mike Abbott of Kleiner Perkins is joining Airware founder Jonathan Downey and Chris Dixon of Andreessen Horowitz on the Airware … [Read more...] about Airware Raises $25 Million Series B to Bring Drone Operating System to Market
