Censys Technologies Closes Kirenaga-Led $2 Million Seed Funding
DAYTONA BEACH, Fla., August 14, 2020 (Newswire.com) - Censys Technologies announced that it has closed its most recent round of Series Seed funding which will provide growth capital to serve more enterprise customers, UAS service providers and government organizations with innovations in remote sensing solutions.
The investment was led by Kirenaga Partners at a time when the growth of the drone marketplace is accelerating. Jeff Decker of BakerHostetler was lead counsel on the transaction, closely supported by Jason Brady.
Censys offers a one-of-a-kind remote sensing package to revolutionize the way aerial information is collected for infrastructure and property. A trailblazer in the commercial Beyond Visual Line of Sight (BVLOS) Unmanned Aerial Systems (UAS) marketplace, Censys has created a name for themselves within the US market. Their mission is to propel industrial drone users by minimizing overhead and operation headaches with industry-leading, long range drones, and rapid data processing solutions.
“The Censys team is ecstatic to join forces with Kirenaga and create value in the world through innovation. StarterStudio and Space Florida in collaboration with the Florida Venture Forum were instrumental in getting us here,” said Censys Co-Founder and CEO Trevor Perrott. “As we welcome David Scalzo and Noel Heiks to our Board of Directors, I’m confident that we're bolstering the company's leadership to capture large opportunities in the coming months and years. Fundamentally, this capital moves Censys forward and positions us to better serve our customers around the globe.”
“Censys is led by a young and talented management team. Their drone technology provides fast and highly accurate data acquisition services for numerous government and commercial enterprises. It’s a large and growing marketplace, and we’re excited to help Censys scale their business,” said David Scalzo, Founder and Managing Partner of Kirenaga Partners.
“The Censys team continues to innovate and drive real world solutions to complex UAS business problems. They continue to hit critical milestones and think out of the box as it relates to solving industry needs,” said Rodney Cruise, Vice Chair of Central Florida tech incubator, StarterStudio. “We are proud they are a part of the Embry-Riddle Research Park and look forward to their continued success.”
About Censys Technologies
Censys Technologies is an integrated drone solutions company based out of Daytona Beach, FL. Today, the company focuses on creating value in the four pillars of remote sensing: acquisition, processing, management, and employment of actionable information. Censys’ beachhead market is energy infrastructure patrols enabled by BVLOS UAS operations, and the solutions naturally scale into applications including agriculture, insurance, construction, and public safety. In the last year, Censys has amassed a $60M sales pipeline, won a $250k aerospace technology grant from Space Florida, and took 2nd place at the Florida Venture Forum Aerospace Capital Conference.
About Kirenaga
As an early-stage venture capital firm with offices in New York and Florida and $50 million in investor capital, Kirenaga focuses on high-growth potential, post-validated, precommercial, technology-enabled companies in the AgTech, AI, Advanced Materials, CleanTech, Photonics, Robotics and Space verticals.
Source: Censys Technologies Corporation