Target Partners backs Dedrone with €2.7m

The round also included private investors and entrepreneurs Tom Noonan, Jörg Lamprecht and Rene Seeber. Dedrone will use the fresh funding to further develop its Drone Tracker system, build an international distribution network and bolster its team.

The investors expect demand for the company's product to be strong, given the increasing concerns surrounding misuse of civilian drones, with significant safety and security ramifications.

Company
Launched in 2014, Dedrone is currently developing a system that aims to protect clients – including prisons, automotive companies and alarm system installers – against the misuse of hobby drones. The company expects to deliver its first Drone Tracker products by the end of April 2015.

People
Olaf Jacobi led the deal for Target Partners.

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