Andreessen Horowitz raises funding for drone software
Airware provides backbone technology for drones intended for commercial use.
Andreessen Horowitz, one of the most prominent Silicon Valley investors, is leading an investment round in a company that's developing software for the commercial use of drones.
Called Airware, the Newport Beach, Calif., company provides several different platforms and tools for companies that want to invest in unmanned aerial systems (UAS), otherwise known as drones. Andreessen Horowitz led the funding round in the drone company, which raised $10.7 million. Google Ventures also participated in the round, according to All Things Digital, which was first to report on the news.
The key difference between Airware and the drones we hear so much about is, well, the company's technology isn't used for military purposes. Instead, Airware envisions its technology being used to evaluate mining options or for companies to monitor their infrastructure. The company's CEO Jonathan Downey said that he expects many more uses to come out of his company's service.