Airware Announces $10.7M Round of Series A Funding, Led By Andreessen Horowitz with Google Ventures Participating

New funding advances mission to provide a universal platform for the safe and reliable operation of drones for commercial use.

Newport Beach, CA May 15, 2013


Airware, creators of a universal development platform for commercial drones, today announced a $10.7 million Series A round of financing. The funding will enable Airware to meet increasing customer demand in the rapidly growing global market of commercially-operated drones. The round was led by Andreessen Horowitz with Google Ventures also participating. Chris Dixon, partner at Andreessen Horowitz, will join the company's board.

"Airware's technology fulfills an immense need for a universal operating system and platform enabling the use of drones for commercial enterprises, which we believe is a global market with huge potential," said Airware founder and CEO Jonathan Downey. "This funding and the addition of Chris to our board will allow us to continue to expand our team, meet existing customer and market demand and scale for future growth."

Airware democratizes the use of drones without compromising safety for companies of all sizes, from small start-ups to big corporations and non-profit organizations. Airware is currently integrating their technology into drones produced by commercial companies for uses including the prevention of rhino poaching in Kenya, vaccine delivery to remote areas in Africa and Southeast Asia, skier search and rescue, and open air mining operations in France.

"As investors, we try to back brilliant founders pursuing audacious ideas," said Chris Dixon, General Partner at Andreessen Horowitz. "Robotics has long been a field that overpromised and under delivered. We think drones are the most likely way to rectify that, and Jonathan is the person to make it happen."

About Airware

Airware created a universal platform for professional grade, customizable autopilots for micro to mid-size fixed-wing, helicopter, multiple-rotor, and custom configuration unmanned aerial systems. Founded in 2011 and headquartered in Newport Beach, CA, the company's platform comprises on-board hardware, software, and a flexible API. For more information, go to: http://www.airware.com.

Featured Product

SAS Automation - Robotic End-of-Arm Tooling

SAS Automation - Robotic End-of-Arm Tooling

SAS Automation's complete line of modular components allows you to rapidly build your end-of-arm tools in your own plant, meeting your ever-changing automation needs on-demand. And with our newly enhanced Online Shopping Cart, it's never been easier! IT'S SHOPPING MADE SIMPLE, with features like: • Responsive Design so you can access anytime -- desktop, tablet or phone -- with ease • CAD Model Access with 3D Software Integration • Order History • Saved Quotes • Tool Builder • Product Comparisons • Enhanced Search • Social Media Sharing • Product Reviews