CyPhy Works nets $7 mln

CyPhy Works said Tuesday that it has raised $7 million in financing. Lux Capital led the round with participation from General Catalyst Partners, Felicis Ventures and several angel investors. In conjunction with the funding, Bilal Zuberi, a partner at Lux Capital, joins CyPhy Works' board of directors. Based in Danvers, Mass., CyPhy Works is a maker of advanced UAVs.

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