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Airspace Security Market Leader Dedrone Showcases Record-Breaking 2017 Sales and Customer Successes

August 3, 2018

Drone detection technology company experiences growth in all target markets, and steady momentum in business operations

Dedrone, the market and technology leader in airspace security, today announced record sales and business growth in bookings and its customer base. Additionally, Dedrone launched several new products, including DroneTracker 3, the first solution that includes automated summary reporting for instant diagnosis of airspace activity. They also added technology partners to their global operations and completed their Series B funding round.

“Our team will always be innovating and solving our customer’s airspace security issues, whether it is to protect against hacker drones, terrorist attacks, or wayward pilots,” shares Joerg Lamprecht, CEO and co-founder of Dedrone. “Drone incidents are increasingly occurring, demonstrating the urgency for organizations to protect their infrastructure with drone detection technology.”

Key Milestones 2017

Customer Growth and Retention

Dedrone's record growth from 2016 to 2017 included several significant milestones:

2.5X bookings growth 

3.5X growth in new customer accounts

10X growth in expansion deployments from existing customers

Signed 2X new partners including:

Customer Wins

Dedrone secured new business in a variety of industries, including:

Enterprises, armed forces, data centers, financial institutions, correctional facilities, stadiums, universities, public and private events, and private homes

Notable installations included: 

Product Launches and Company Expansion

The company expanded on multiple fronts:

Launched DroneTracker 3, the first solution that includes automated summary reporting for instant diagnosis of airspace activity

Opened a new office in Washington, D.C. area, and created a new sales team for federal and government services

Actively hired and continues to recruit in multiple departments in 2018, including development, engineering, sales, and production

Fundraising

Capital was raised to increase marketing and sales efforts, as well as investing in global research and development. All of Dedrone's Series A investors participated in the Series B.

Raised $15 million for Series B funding round, led by Felicis Ventures and John Chambers, Chairman Emeritus of Cisco Systems

Dedrone’s exceptional growth in the past year is attributed to a combination of persistent, energetic executive leadership, paired with unparalleled patented technology,” said Dedrone investor Venky Ganesan, Partner at Menlo Ventures. “They are pioneering a new market segment and gaining the confidence of global corporations, who are integrating Dedrone’s technology in record numbers. I’m excited to watch Dedrone’s growth and success in the airspace security market.” 

About Dedrone

Dedrone provides a complete, automatic drone detection and security solution. Early warning, classification, and protection against drone threats are enabled through machine learning software combined with data from intelligent sensors. The Dedrone platform integrates with passive and active countermeasures to deliver automated protection against drone threats.

Based in San Francisco, Dedrone was founded in 2014 and is backed by investors including Felicis Ventures, Menlo Ventures, and John Chambers, Founder of JC2 Ventures and Chairman Emeritus of Cisco Systems.

 

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