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Dronedeploy Raises $ 50M To Study Visual Data With Robots And Drones

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DroneDeploy uses commercial drone operators to capture imagery of an area or case under study and does data analysis – DroneDeploy lets businesses use it.

The company dronedeploy has raised an impressive $50 million in its series E round of funding.

Drone Dronedeploy $ 50M Series

This news comes just immediately after the company moved a step ahead and went beyond airborne drones to analyze visual data. DroneDeploy now offers companies in mining, delivery, agriculture, mining, and other sectors a far more comprehensive way of their property. 

E.g., the managers can analyze, compare and use footage from different times and dates to observe what changes have happened and easily look for solutions to the existing problems.

Since late 2015, Brasfield & Gorrie has utilised DroneDeploy to collect aerial imagery, and the company has received excellent feedback on the platform. Impressively, DroneDeploy included Boston Dynamics, a robotics firm.

They basically had to attach a circular camera to the robot, and with that, they demonstrated how they can capture data from inside buildings entirely autonomously and remotely.

These technologies can be used with a camera placed on a helmet, car, stick, or other stone as someone goes through the property. The DroneDeploy platform is appreciated by Autodesk, Bluebeam, Egnyte, Sharepoint, OneDrive, and many more. With API any platform can integrate with DroneDeploy. 

Dronedeploy $ 50M Series

In the previous round, DroneDeploy raised around $93 million. But now with 50M, the company is all set to expand itself beyond drones and outdone Its own expectations as per sawersventurebeat.

The company’s momentum in advancements and development has gained investors’ keen interest. “Asset owners at health, mining, education, etc are turning towards drones because of workload and better management,” stated John Tough, director of DroneDeploy’s board.

“We hope that with the current rate of development, Energise is keen to continue to fund DroneDeploy.” DroneDeploy powers drones and ground-level cameras to automatically analyze and store visual data from a job site.

Drones have been employed by businesses and organisations from practically every industry, particularly as COVID-19 and other worldwide social distancing initiatives have necessitated distant solutions, such as in police forces. Leading the way has been DroneDeploy. The company is growing by 280% every year.

“We see two powerful sectors. The use of drones is mind-blowingly swift and widespread. For example, agriculture, construction,  education,  health care, construction, and energy companies are operating hundreds of drones, and DroneDeploy is used to manage them. 

The company’s momentum in advancements and development has gained investors’ keen interest. “Asset owners at health, mining, education, etc are turning towards drones because of workload and better management,” stated John Tough, director of DroneDeploy’s board.

“We hope that with the current rate of development, Energise is keen to continue to fund DroneDeploy.”DroneDeploy has 5,000 customers, small to large Fortune 500, The company’s quickest and most growing sector is energy, which only expects to accelerate with the world’s new o4der of pro-clean energy policies. 

One of the key issues for the company has been government regulation and revelations of drones. The rule expects pilots and more specifically operators to be close to drones.

If these regulations are taken care of, we can very well see drones evolve along with the technology. Drones in fact will be fully autonomous robots.”

DroneDeploy’s employees have gone home thanks to Covid-19. So they no longer need to be in office. The entire growth of the company happened during the pandemic only – working from home.

Founders and board members with new investments are keen on new advancements and working in giving the company a universal reach. This will help better Data analysis and ease at finding solutions to small yet critical problems. Series E’s $50M funding has helped them in a great way.

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