Hearst Ventures and the DJI-backed SkyFund contributed to a round that lifted the drone services provider's total funding to $17m.
US-based drone services provider DroneBase has attracted $12m in a series B round featuring Hearst Ventures, the corporate venturing unit owned by media group Hearst.
Venture capital firms Upfront Ventures and Union Square Ventures co-led the round, which included investment firm Pritzker Group’s Private Capital unit and SkyFund, the investment vehicle backed by unmanned aerial vehicle producer DJI and VC firm Accel.
Founded in 2014, DroneBase enables clients to arrange flights through the company’s network of licensed contractor pilots in…
