Monitoring technology company Flock Safety receives US$275 million in financing led by A16z
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Golden Finance reported that Atlanta-based surveillance technology company Flock Safety completed a $275 million financing led by Andreessen Horowitz (A16z), with the company's valuation reaching $7.5 billion. Also involved in this round are Greenoaks Capital and Bedrock Capital.
So far, FlockSafety's cumulative financing amount has exceeded US$950 million. The company plans to develop U.S.-made drones in 2025 and build a 100,000-square-foot manufacturing plant in Georgia. The company focuses on providing AI-based security monitoring solutions, mainly aimed at government and enterprise customers.