Kirkland Washington based Echodyne is raising $134,296,958.00 in New Equity Investment.
Kirkland, WA – According to filings with the U.S. Securities and Exchange Commission, Echodyne is raising $134,296,958.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Eben Frankenberg played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Echodyne
Echodyne, the radar platform company, designs and delivers innovative, high performance, compact, solid-state, MESA radars. Ideally suited for 3D security, machine perception and autonomy, Echodynes commercially priced electronically scanned array (ESA) radars are used by defense and government agencies, autonomous developers, and security integrators for counter-UAS, border and perimeter security, critical infrastructure protection, unmanned aerial vehicles, and autonomous vehicles. Privately held, the company is based in Kirkland, Washington, and is backed by Bill Gates, NEA, Madrona Venture Group, Vulcan Capital, Vanedge Capital, and Lux Capital among others.
To learn more about Echodyne, visit http://echodyne.com/
Contact:
Eben Frankenberg, Chief Executive Officer
425-454-3246
eben@echodyne.com
https://www.linkedin.com/in/eben-frankenberg-b428bb/
SOURCE: http://www.intelligence360.io
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