Thursday, April 23, 2015

3DR Bumps Funding Round For Drones To $64M

Berkeley-based 3DR, announced this morning that it has upped its Series C funding to $64M, in an expansion beyond the initial $50M in Series C funding the company announced in January. The expansion was led by WestSummit Capital, and also included SanDisk Ventures and Atlantic Bridge Ventures, along with other investors. The original Series C close came from Qualcomm Ventures, Foundry Group, True Ventures, OATV, Mayfield, and Shea Ventures. 3DR develops very widely used drone software and hardware. More information »