RSSDedrone closed a $30.5 million Series C financing round led by Axon.
Related Stories
L3Harris Awarded $93 Million MBTA Contract
Verizon Frontline Response Team Deployed Nearly 700 Times in 2022
Previous investors, including Aqton Partners, Menlo Ventures, Felicis Ventures, Target Partners, TempoCap and John Chambers, chairman Emeritus of Cisco Systems and founder of JC2 Ventures, also participated. This latest funding comes on the heels of a strong year of growth for Dedrone, including surpassing 1,000 sensors sold and expanding to detect, identify and locate more than 200 different drone types.
“Drone detection and tracking is highly complex, and we are seeing more and more instances of drones being used for nefarious purposes, including the first known drone-based terrorist attack on U.S. soil last year,” said Dedrone CEO Aaditya Devarakonda. “This investment demonstrates clear validation of Dedrone’s technology and team. Axon is a tremendous strategic partner for delivering airspace security to the public-safety sector.”
Dedrone works across 33 countries to deliver best-in-class detection, identification, tracking and mitigation of small unmanned aircraft systems (sUAS). Dedrone’s solution is used by the governments of four G-7 nations; nine U.S. federal agencies, including the Department of Defense; and internationally by more than 65 critical infrastructure sites, 20 airports, 50 correctional facilities and 10 Fortune 500 companies.
“The drone economy is flourishing and Dedrone is very much at the heart of it, providing critical protection to organizations around the world and keeping communities safe,” said Axon Founder and CEO Rick Smith. “Axon is proud to support Dedrone’s solution as it offers unmatched technology in airspace security.”
Dedrone leverages advanced artificial intelligence (AI)/machine learning (ML) technology to analyze and fuse data from multiple sensors to detect, identify and track drones. The airspace security solution also equips users with advanced data analytics and mitigation functionality. Dedrone is the only solution capable of quickly and reliably detecting, identifying and locating the largest variety of drones from more than 65 manufacturers, as well as homemade drones without decoding telemetry data.
Axon launched its Axon Air end-to-end drone solution, which delivers secure wireless live streaming, integrated evidence management and program management to improve operational efficiency and outcomes for public-safety agencies and the communities they serve in 2018.
“At Axon, we are dedicated to leveraging technology to improve safety,” said Axon Air General Manager Aydin Ghaiar. “Our existing Axon Air program is a great example of putting the latest in drone technology to work for good in the hands of responsible agencies. We chose to invest in Dedrone because of our shared commitment to deliver reliable, robust airspace security that ensures public safety.”
Would you like to comment on this story? Find our comments system below.
