💨 Abstract

Flock Safety, a U.S. startup specializing in surveillance technology, has secured $275 million in funding led by Andreessen Horowitz. The investment values the company at $7.5 billion and is intended for manufacturing facility expansion and drone product development. Flock surpassed $300 million in annual recurring revenue, with over 4,800 law enforcement agencies and nearly 1,000 businesses as clients.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖