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- Hey Square fam! How many Alpha points have you racked up lately?
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Dare to trade. Dare to win.
Monitoring technology company Flock Safety raised a $275 million investment led by A16z
Jinse Caijing reported that Flock Safety, a surveillance technology company based in Atlanta, has completed a $275 million financing round led by Andreessen Horowitz (A16z), with a valuation of $7.5 billion. Other participants in this round of investment include Greenoaks Capital and Bedrock Capital. So far, Flock Safety has raised over 9.5 billion U.S. dollars. 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.