San Francisco-based Dedrone, developer of a civilian drone-detection system, has raised $10 million in Series A funding, led by Menlo Ventures, a venture capital firm investing in consumer and enterprise technologies.
Dedrone says it will use the fresh capital to accelerate the advancement of its detection technology and expand the company’s sales and marketing teams.
Dedrone says its DroneTracker – an automated, software-based platform – provides an early warning of unauthorized unmanned aerial vehicles (UAVs) and is used to protect industrial plants, government buildings and other critical infrastructure. It attaches to the exterior walls of buildings, rooftops or special masts by using a combination of audio, video, Wi-Fi and RF sensors to identify drones in the vicinity.
“Any institution with an elevated need for security must now protect its airspace against intrusion from drones, and Dedrone passes that control back to our customers,” says Joerg Lamprecht, CEO and co-founder.
“The easy configuration and integration with third-party alarm systems allows our customers to identify and remediate threats quickly and efficiently. Depending on requirements, various countermeasures, such as jammers, can be integrated into the DroneTracker and be triggered automatically,” Lamprecht continues.
Venky Ganesan, managing director at Menlo Ventures, will join Dedrone’s board of directors.
“We need to safely enable drones, and Dedrone is the answer,” Ganesan says. “Dedrone is building a true next-generation security platform for physical security.