DroneBase raises $12 million to bring augmented reality to aerial drone imagery

DroneBase, a drone services provider for businesses, has raised $12 million in a series B round of funding led by Union Square Ventures and Upfront Ventures, with participation from DJI, Hearst Ventures, and Pritzker Group.
Founded out of Santa Monica in 2014, DroneBase is one of a number of drone companies to raise venture capital cash in recent years, particularly since the U.S. Federal Aviation Administration (FAA) passed new rules in 2016 allowing drones to be used commercially.
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