Drone-as-a-service startup Measure has raised $15m in a series B round led by IT services provider Cognizant's corporate venturing unit.
US-based drone services provider Measure received $15m on Tuesday in a series B round led by IT services supplier Cognizant through its Cognizant Ventures subsidiary.
Cognizant Ventures invested alongside alternative investment manager Hudson Bay Capital and an undisclosed sovereign wealth fund, according to TechCrunch. LionTree Advisors was financial advisor for the round.
Measure supplies services to businesses that involve gathering and processing data by flying unmanned aerial vehicles. The areas in which they operate include construction, agriculture, disaster response and…
