AP photo

DroneBase raised $12 million in new funding to expand its drone operations services for insurers and other businesses.

Union Square Ventures and Upfront Ventures co-led the round. DJI and new investors Hearst Ventures and Pritzker Group also participated. To date, DroneBase has raised more than $17 million.

DroneBase touted completion of more than 100,000 commercial drone missions for clients in industries including insurance, real estate, telecommunications, construction and media. The company said it can run through a client mission in less than two days anywhere in the United States, with pilots active in all 50 states and more than 60 countries.

DroneBase plans to use the new funding to add AirCraft Pro to its product offering. AirCraft uses augmented reality technology for recreational and commercial drone use. Plans call for marketing this iteration to insurance, construction, real estate and telecom industries, among others.

Source: DroneBase

Topics Carriers Funding