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DroneDeploy raises $35 million for drone management and logistics tools

[2019.11.13, Wed 14:05] DroneDeploy, a startup developing a holistic cloud-based drone mapping and analytics platform, today announced that it's closed a $35 million series D round led by Bessemer Venture Partners. "We're proud our software delivers faster, safer and more accurate [flight] insights This investment is a reflection of the growth of commercial drones in the enterprise and will help us deliver on the promise of automated drone use across every industry." DroneDeploy, which Winn founded in 2013 with Jono Millin and Nicholas Pilkington, offers a host of products designed to furnish drone operators in industries like mining, construction, agriculture, and energy with interactive maps and analytics. Operators are able to integrate DroneDeploy's tools with existing workflows and over 80 apps, affording oversight over whole fleets of drones. "At Bessemer, we see drone solutions as a major opportunity in a $6 billion global market and DroneDeploy is the clear software category leader. The world's largest drone deployments rely on their technology, and we're excited to help bring the value of their platform to companies around the world." Winn recently noted that the number of registered commercial drones has grown by more than 2.5 times every year, and that the Federal Aviation Administration anticipates the number of registered drones will exceed one million by 2021. A veritable cottage industry of drone logistics has emerged concurrently, with companies like PrecisionHawk and Delair - both of which provide hardware and software solutions that helps companies launch and support drone operations - leading the pack.
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