Friday, April 22, 2016

PrecisionHawk Gains Investments from DOCOMO, Verizon, Intel

PrecisionHawk, a start-up that specializes in data collection via drones, closed $18 million Series C funding round with strategic investments from NTT DOCOMO, Verizon Ventures, Intel Capital, USAA, Yamaha Motors and others. This investment brings PrecisionHawk’s total funding to more than $30 million.

PrecisionHawk said the new funding will be used to expand its terrestrial data analysis platform, DataMapper, which currently ingests data from all drone systems but, in the future, will combine aerial data from satellites and manned aviation so users can manage, analyze and compare all incoming data sources on a single platform.

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