Kespry, a developer of automated drone systems for commercial markets, announced the close of a Series B equity-financing round of $16 million that includes investments from DCM Ventures and Lightspeed Venture Partners. Kespry will appy the funds to expanding their engineering and service teams to ramp-up production and serve customers. Kesprey has doubled in size over the past … [Read more...] about Kespry Closes $16 Million Series B Funding
Kespry
Kespry Lands Woolpert as Drone Customer
Kespry Inc., which designs automated drone systems for commercial use, today announced that it has been selected by Woolpert to provide commercial drone systems to support the Woolpert’s site surveying and mapping needs. Kespry serves the construction, construction aggregates, mining, surveying, andmapping industries. Kespry Drone Systems provide an excellent way for these … [Read more...] about Kespry Lands Woolpert as Drone Customer
Drone Funding Soars Despite Regulatory Roadblocks
(Source: Wall St Journal Blogs) Heavy regulation in the U.S. for drones hasn’t stopped venture capitalists from backing startups that make the small flying robots. Deborah Gage reports for Dow Jones VentureWire that the latest funding is for drone startup Kespry Inc., which raised $10 million for commercial drones from Lightspeed Venture Partners. The company’s chief … [Read more...] about Drone Funding Soars Despite Regulatory Roadblocks
