San Diego’s 3D Robotics Raises $5M as Wired Editor Resigns to Be CEO

3D Robotics co-founder Jordi Munoz

Chris Anderson, who resigned a few days ago as the editor in chief of Wired magazine to become the full-time CEO of 3D Robotics, says today the San Diego-based superstore for amateur UAVs (unmanned aerial vehicles) has raised $5 million in venture funding.

In an announcement posted on the 3D Robotics website and at DIY Drones, an online community of amateur UAV enthusiasts, Anderson says the investment came from two San Francisco venture firms, True Ventures and O’Reilly AlphaTech Ventures (OATV). Proceeds of the round will be used to accelerate the growth of 3DR and expand into new markets.

True Ventures’ Jon Callagahan and OATV’s Bryce Roberts also will be joining 3D Robotics’ board, along with Chris Michel, whom Anderson identifies as an investor, long-time entrepreneur, and former Naval flight officer.

In a blog post of his own, Roberts said he noted that interest in drones was mushrooming among “the alpha geek crowd,” and he alludes to an interesting parallel between the emergence of DIY Drones and the Homebrew Computer Club, Silicon Valley’s early computer hobbyist group.

“Visit any hacker space or Maker Faire these days and you will see drones in all of their varieties,” Roberts says. “And if you’re familiar with our investing philosophy, you’d understand that when we see these flare ups of activity, particularly among hobbyists, that we take note and begin to form our own thoughts around where commercial opportunities might emerge.”

After reaching out to Anderson, who founded DIY Drones, Roberts says it was clear that “this side project had taken hold of Chris and that his heart was set on making it far more than something to fill his nights and weekends.”

As 3D Robotics grows, however, I wonder how federal aviation authorities will react to the rising flocks of robotic planes, helicopters, blimps, and other unmanned flying objects. This was an issue Anderson discussed with me in 2008 while I was at The San Diego Union-Tribune. I hope to reach out to Anderson to ask if this issue was resolved, or whether the skirmishing continues between UAV enthusiasts and federal aviation officials, especially as the size and capabilities of amateur aircraft continue to increase.

In the meantime, Anderson writes, “I’ll be opening an office in the SF Bay Area (“3DR North”), which will focus on sales/marketing and community development,” Anderson says. “Our San Diego headquarters will continue to be the R&D and engineering center, while our Tijuana manufacturing [site] is expanding to handle more and more of our production. My co-founder, Jordi Munoz, will take over the role of President, overseeing operations.”

Anderson says 3D Robotics, which now employs 40 people, also plans to hire more hardware and software engineers in San Diego, and to fill out the ranks of its sales, marketing, and community management services near Berkeley, where Anderson lives.

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.