Aerial data platform PrecisionHawk raises additional $22.7 mln
PrecisionHawk Inc, a provider of aerial data and safety technology for drones, has secured about $22.7 million (US$18 million) in follow-on financing. The company, which is based in Raleigh, North Carolina and Toronto, was backed in the round by new investors Verizon Ventures, a subsidiary of USAA, NTT Docomo Ventures and Yamaha Motor, as well as existing investors Intel Capital, Millennium Technology Value Partners and Innovate Indiana Fund. Founded in 2011, PrecisionHawk said it will use the new investment's proceeds to continue product innovation and global expansion.
20 April 2016•4 mins read
