DroneDeploy has raised USD20 million in Series B financing led by Scale Venture Partners, bringing its total amount of funding to USD31 million, the company said.
As part of the financing, Rory O´Driscoll, who sits on the board of DocuSign, will join DroneDeploy´s board of directors. The round also includes participation from existing investors and High Alpha Capital, which is led by ExactTarget co-founder and former CEO, Scott Dorsey.
DroneDeploy said it will use the funds to accelerate its market penetration, develop additional enterprise features and enable businesses to extract deeper insights.
DroneDeploy is a cloud software platform for commercial drones, making the power of aerial data accessible and productive.