DroneDeploy, the US-based operator of a data platform for drones, has secured $25m in a series C round led by Invenergy Future Fund, the venture capital firm sponsored by energy company Invenergy.
AirTree, Scale Venture Partners, Uncork Capital, Emergence Capital and AngelPad also participated in the round, which boosted the company’s total funding to $56m.
DroneDeploy has developed a cloud-based platform with more than 30,000 users that provides data sourced by unmanned aerial vehicles across industries such as agriculture, construction and mining. It will use the funds to introduce more apps and integrations for the platform.
Mike Winn, co-founder and CEO of DroneDeploy, said: “We started DroneDeploy to make drones accessible tools to everyone, and we’ve since become the world’s largest commercial drone software platform by providing drone software that’s both easy to use, and powerful.
“With this new funding round, we have the opportunity to work with more customers who will bring our platform to new industries, and transform workflows on every job site.”
DroneDeploy last raised funding in a $20m series B round featuring Scale Venture Partners and High Alpha in 2016. Its earlier backers include Emergence Capital, SoftTech, Data Collective and AngelPad.