Thursday, March 31, 2016

Airware Picks Up $30M For Commercial Drone Push

San Francisco-based Airware announced this morning that it has raised $30M in a Series C funding round, and has begun offering up complete drone systems for the Fortune 500, enterprise market. According to Airware, the funding was led by Next World Capital, and also included Cisco CEO John Chambers, Andreessen Horowitz, and Kleiner Perkins Caufield & Byers (KPCB). Chambers has joined the company's board with the funding. Airware had previously focused on the underlying operating system for multiple drone manufactures; the foray into the corporate market is its first effort in developing its own drone systems. Airware is led by Jonathan Downey. Airware's first corporate customer is State Farm. More information »