{"id":1125,"date":"2014-07-23T11:39:25","date_gmt":"2014-07-23T18:39:25","guid":{"rendered":"http:\/\/droneanalyst.com\/?page_id=1125"},"modified":"2020-02-13T19:16:28","modified_gmt":"2020-02-14T03:16:28","slug":"drone-startup-airware-raises-25m-series-b-funding","status":"publish","type":"page","link":"https:\/\/droneanalyst.com\/research\/research-notes\/drone-startup-airware-raises-25m-series-b-funding","title":{"rendered":"Drone Startup Airware Raises $25M Series B Funding"},"content":{"rendered":"<h3>Will Airware become the aerial information platform standard for drone aircraft?<\/h3>\n<p>by Colin Snow, MBA | 2014-04-29 | Article ID: QT14-03 | Article Type: QuickTake<\/p>\n<h1>QuickTake<\/h1>\n<p>Today <a href=\"http:\/\/www.airware.com\/\">Airware<\/a>, a drone startup based in San Francisco, announced it raised $25 million to grow its staff and launch its product to the wider public. It hopes to become the aerial operating system of choice. The series B round, led by Kleiner Perkins Caufield &amp; Byers with participation from Andreessen Horowitz and First Round Capital, brings Airware&#8217;s total fundraising to date to $40 million. As part of the deal, Kleiner Perkins partner Mike Abbott will join the company&#8217;s board. Airware intends to use this funding to expand its engineering, sales, marketing, and customer support teams.<\/p>\n<p>While the announcement looks promising, the real question is, Will the <a href=\"http:\/\/youtu.be\/-T4iYog7f_I\" target=\"_blank\" rel=\"noopener noreferrer\">Airware vision<\/a> of becoming \u2018the standard for rapid development and safe operations\u2019 of drone aircraft become a reality? While it\u2019s true commercial drones are creating a revolution in insights for many industries around the world, it\u2019s not clear the market will adopt another aerial information platform. As I have written <a href=\"http:\/\/droneanalyst.com\/2014\/07\/16\/drone-tech-winners-and-losers-at-the-precision-aerial-ag-conference-2014\/\">here<\/a>, the small drone market for precision agriculture is already consolidating around <a href=\"http:\/\/www.dji.com\/products\/expert\" target=\"_blank\" rel=\"noopener noreferrer\">DJI<\/a> and <a href=\"http:\/\/3drobotics.com\/landing-software\/\" target=\"_blank\" rel=\"noopener noreferrer\">3DRobotics<\/a> autopilot and flight management software. Additionally, <a href=\"http:\/\/www.skycatch.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Skycatch,<\/a> which recently captured $13.2 million in their own venture funding round, has worked in collaboration with 3DRobotics &#8211; which now positions itself as \u2018the Android of Drones.\u2019<\/p>\n<p>In my post <a title=\"Which is Better: Open Source or Proprietary Drone Software?\" href=\"http:\/\/droneanalyst.com\/2014\/05\/23\/which-is-better-open-source-or-proprietary-drone-software\/\">Which is Better: Open Source or Proprietary Drone Software?<\/a>, I detail the current market state for platforms like Airware\u2019s and discuss the pros and cons of each type. Airware falls into the proprietary category. An update to that article is that market leader <a href=\"http:\/\/precisionhawk.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">PrecisionHawk<\/a> admits it now ships more units with 3DRobotics\u2019 APM 2.6 open source autopilot system, supplanting Lockheed\u2019s proprietary <a href=\"http:\/\/www.lockheedmartin.com\/us\/products\/procerus\/kestrel.html\" target=\"_blank\" rel=\"noopener noreferrer\">Kestrel<\/a> autopilot.<\/p>\n<p>Even so, the one thing Airware does get right is the industry need for a <a title=\"Drones Revolution Means Big Data Cloud Services\" href=\"http:\/\/droneanalyst.com\/2014\/02\/14\/drones-revolution-means-big-data-cloud-services\/\">cloud service<\/a> that helps companies record, store, transfer, and analyze the data they collect in the field \u2013 and software that is compliant with the requirements of regulators and insurance companies so that drone operators don&#8217;t have to worry about the liability aspects. In this realm, PrecisionHawk has a head start with their <a href=\"http:\/\/www.precisionmapper.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">PrecisionMapper<\/a> data services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will Airware become the aerial information platform standard for drone aircraft? by Colin Snow, MBA | 2014-04-29 | Article ID: QT14-03 | Article Type: QuickTake QuickTake Today Airware, a drone startup based in San Francisco, announced it raised $25 million to grow its staff and launch its product to the wider public. It hopes to &#8230; <a title=\"Drone Startup Airware Raises $25M Series B Funding\" class=\"read-more\" href=\"https:\/\/droneanalyst.com\/research\/research-notes\/drone-startup-airware-raises-25m-series-b-funding\" aria-label=\"Read more about Drone Startup Airware Raises $25M Series B Funding\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":512,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Drone Startup Airware Raises $25M Series B Funding<\/title>\n<meta name=\"description\" content=\"Drone Startup Airware Raises $25M Series B Funding. 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