Kespry Secures $10,000,000 Series A Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=41bc8788-9291-4de5-a6ec-199b368d1e4c
Date
10/23/2014
Company Name
Kespry
Mailing Address
1090A O’Brien Dr. Menlo Park, CA 94025 USA
Company Description
Kespry designs and builds highly reliable drone systems for commercial applications. To achieve high standards of safety, productivity, and reliability, Kespry controls the design of each critical component.
Website
http://www.kespry.com
Transaction Type
Venture Equity
Transaction Amount
$10,000,000
Transaction Round
Series A
Proceeds Purposes
The company intends to use the funds to commercialize its solutions and further develop its drone system.
M&A Terms
Venture Investor
Venture Investor