Surveillance technology company Flock Safety receives $275 million in funding led by A16z
Flock Safety, a surveillance technology company based in Atlanta, has completed a $275 million financing round led by Andreessen Horowitz (A16z), with a company valuation reaching $7.5 billion. Other participants in this round of investment include Greenoaks Capital and Bedrock Capital.
So far, Flock Safety has raised a total of over $950 million. The company plans to develop domestically manufactured drones in the United States by 2025 and build a 100,000 square foot manufacturing facility in Georgia. The company focuses on providing AI-based security monitoring solutions, mainly targeting government and corporate clients.
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