DeDrone racks up 5 new investors including CEOs of Aruba Networks and Meraki

TechCrunch | 1/11/2017 | Lora Kolodny
sheenabeanna (Posted by) Level 3
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It’s hard to build a drone that’s high performance and affordable enough to compete with DJI’s popular and pervasive models. That’s something drone companies who built their own “platforms,” a.k.a. original hardware and proprietary software, are grappling with these days. The industry has seen belt tightening measures at Parrot SA, a changing of the guard at Kespry, and a dispersion of the Google Titan team at Alphabet this week alone.

However, venture and angel investors are now pouring capital into other areas of drone technology including aerial services and drone software, as well as counter-drone (aka anti-drone) systems. Last year, Hangar, Nightingale Security, SkySafe and others capitalized on this trend, chalking up meaningful rounds of funding. It is one that’s likely to continue in 2017. One indication is a new pile of investors who have recently topped off DeDrone’s Series A round.

DeDrone - Investors - CEOs - CEOs - Enterprise

DeDrone’s new investors include CEOs and former CEOs of big-name enterprise tech companies, four unicorns among them. They are: Aruba Networks’ CEO Dominic Orr, Ruckus Wireless CEO Selina Low, Meraki cofounder and COO Tom Noonan, the former CEO of Internet Security Systems Inc. Hans Robertson and former Amobee and JahJah CEO Trevor Healy.

DeDrone builds hardware and software to detect when...
(Excerpt) Read more at: TechCrunch
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