Business Operations – Page 3

Caterpillar Invests in Drone Solutions Provider Airware

Posted by Betsy Lillian on February 02, 2017

Aiming to advance work-site intelligence, Caterpillar Venture Capital Inc., an arm of construction giant Caterpillar Inc., has made a strategic investment in Airware, a provider of end-to-end solutions that turn aerial drone data into actionable business intelligence. Airware says the investment [Read More]

U.S. Senator Gives Kudos to Drone Company in Congressional Record

Posted by Betsy Lillian on February 01, 2017

U.S. Sen. Jim Risch, R-Idaho, who serves as chairman of the Senate Committee on Small Business and Entrepreneurship, has named drone company xCraft Enterprises LLC “Small Business of the Month” for January 2017. Based in Coeur d’Alene, Idaho, xCraft was [Read More]

GIS Firm Bolsters UAV Services with New Hire

Posted by Betsy Lillian on January 30, 2017

As part of a move to further its unmanned aerial vehicle (UAV) mapping services, GEO Jobe, a GIS software and solutions provider founded in 1999, has named Jeff Lawrence to a role in UAV business development. According to the Hermitage, [Read More]

Drone Tech Company PrecisionHawk Names New Chief Exec

Posted by Betsy Lillian on January 25, 2017

PrecisionHawk, a provider of advanced commercial drone technologies, has appointed a new CEO: Michael Chasen, co-founder and former CEO of education technology platform company Blackboard. According to PrecisionHawk, Chasen brings more than 20 years of software experience to the company. [Read More]

Selfie Dronie App Developer Closes $14M Funding Round

Posted by Betsy Lillian on January 19, 2017

Neurala, a Boston-based software company that focuses on making robots, drones, consumer electronics, toys and smart devices more intelligent, has closed $14 million in Series A funding. The round was led by Pelion Venture Partners and included participation from Sherpa [Read More]

Velodyne LiDAR Cuts Ribbon on San Jose ‘Megafactory’

Posted by Betsy Lillian on January 17, 2017

Velodyne LiDAR Inc., a provider of light, detection and ranging (LiDAR) technology, has opened up a new “megafactory” that the company says will significant ramp up production of its 3D LiDAR sensors, including for unmanned aerial vehicles (UAVs). Located in [Read More]

With $15M Investment, Measure Prepares for Expansion to New Markets

Posted by Betsy Lillian on January 17, 2017

Measure, a Washington, D.C.-based Drone as a Service company, has raised $15 million in Series B financing led by Cognizant Technology Solutions. LionTree Advisors acted as financial advisor for the investment. Measure and its national network of licensed pilots provide turnkey [Read More]

San Francisco Drone Developer Shutting Down, Facing Lawsuit

Betsy Lillian
Written by Betsy Lillian on January 16, 2017

A suit representing “the people of the state of California” alleges that Lily Robotics Inc. conducted “unlawful business practices” and used false advertising in a promotional video for its Lily Camera drone.

New CEO Named at Drone Software Company Kespry

Posted by Betsy Lillian on January 11, 2017

Kespry, an aerial intelligence platform provider based in Menlo Park, Calif., has announced an executive shakeup: George Mathew, formerly with self-service analytics software provider Alteryx, is now the company’s chairman and CEO. Mathew, who was most recently president and chief [Read More]

Drone-Detection Developer Secures Another Big Investment

Posted by Betsy Lillian on January 11, 2017

Dedrone, developer of the DroneTracker, a platform for the detection of civilian unmanned aircraft systems (UAS), has secured a seven-figure investment from Silicon Valley investors. Investing in the San Francisco-based start-up are Dominic Orr, CEO of Aruba Networks; Selina Lo, [Read More]