Iris Automation raises $8 mln in Bessemer-led Series A
Iris Automation Inc, a Vancouver-founded provider of collision avoidance for commercial drones, has raised US$8 million in a Series A financing. Bessemer Venture Partners led the round and was joined by Bee Partners. Iris, which is now located in San Francisco, has built an artificial intelligence-based situational awareness platform for drones and air taxis intended to enable their widespread use without the risk of collisions or catastrophes. Led by CEO Alexander Harmsen, a Canadian entrepreneur, the company will use the funds raised to expand its team and scale its technology.
18 January 2018•4 mins read
