Drone tech provider PrecisionHawk raises $75 mln in VC
Commercial drone provider PrecisionHawk Inc has raised US$75 million in its latest round, bringing total funding to more than US$100 million. Third Point Ventures led the round and was joined by Intel Capital, Millennium Technology Value Partners, Verizon Ventures and multiple other venture capital and strategic investors. Founded in 2010 in Toronto and now based in Raleigh, North Carolina, PrecisionHawk provides aerial data and analytics to enterprises in a range of industries. It will use the funds raised to expand its team, undertake product innovation, and make acquisitions.
24 January 2018•4 mins read
