Tech Company Financing Transactions

AirMap Funding Round

AirMap closed a $26 million Series B venture capital round on 2/24/2017. Investors included M12, General Catalyst Partners and Lux Capital.

Transaction Overview

Company Name
Announced On
2/24/2017
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series B
Investors

M12 (Lead Investor) (Nagraj Kashyap)

General Catalyst Partners (Hemant Taneja)

Lux Capital (Bilal Zuberi)

Qualcomm Ventures

Proceeds Purpose
The Series B funding round will bring AirMap's airspace management platform and Unmanned aircraft Traffic Management (UTM) solutions to new markets worldwide, as AirMap opens offices in Berlin, Germany and at the NASA Ames Research Center in Mountain View, California.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
409 Santa Monica Blvd. 2A
Santa Monica, CA 90401
USA
Email Address
Overview
AirMap is helping make drones a part of everyday life by building the foundations for the low-altitude air navigation systems of the future.
Profile
AirMap LinkedIn Company Profile
Social Media
AirMap Company Twitter Account
Company News
AirMap News
Facebook
AirMap on Facebook
YouTube
AirMap on YouTube

Management Team

Title
Name
Email & Social
Chairman
Benjamin Marcus
  Benjamin Marcus LinkedIn Profile  Benjamin Marcus Twitter Account  Benjamin Marcus News  Benjamin Marcus on Facebook
Chief Executive Officer
David Hose
  David Hose LinkedIn Profile  David Hose Twitter Account  David Hose News  David Hose on Facebook


 

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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