Dedrone, a San Francisco, CA-based market leader in smart airspace security, announced that it closed $30 million in an oversubscribed Series C-1 financing, this latest funding comes on the heels of the company’s $30.5 million Series C in December 2021.
The round was led by public safety technology company Axon, with participation from Aqton Partners, Menlo Ventures, Felicis Ventures, Target Partners, and individual Silicon Valley entrepreneurs.
Dedrone delivers a true Command and Control solution for all Counter-Uncrewed Aircraft Systems (C-UAS) and will use the funding to continue to grow its team globally, including a second office in California, while also expanding its unique multi-sensor fusion airspace security solution.
As part of its growth strategy, Dedrone is committed to engaging the engineering expertise of Silicon Valley to solve critical, national security issues.
Company: Dedrone Holdings, Inc
Raised: $30.0M
Round: Series C-1
Funding Month: July 2022
Lead Investors: Axon
Additional Investors: Aqton Partners, Menlo Ventures, Felicis Ventures, Target Partners, and Silicon Valley entrepreneurs
Company Website: https://www.dedrone.com/
Software Category: Smart Airspace Security
About the Company: Dedrone is the market leader in smart airspace security. Dedrone counter-drone system is trusted by hundreds of commercial, government, and military customers globally to protect against unauthorized drones. With the flexibility to host on-premise or in the cloud via Dedrone’s Airspace Security-as-a-Service (ASaaS), Dedrone customers can detect, identify, locate, analyze, and mitigate unauthorized drone threats. Established in 2014, Dedrone has offices in San Francisco, the Washington, D.C.-area, Columbus, Ohio, London, Germany, and a second location soon in California. Dedrone works across 36 countries including four of the G-7 nation governments; nine U.S. federal agencies, including the Department of Defense; more than 75 critical infrastructure sites; 20+ airports; and 50 correctional facilities worldwide.
Source: https://www.dedrone.com/press/dedrone-closes-30-million-series-c-1-financing