Surveillance technology company Flock Safety raises $275 million from A16z

Atlanta-based surveillance technology company Flock Safety closed a $275 million funding round led by Andreessen Horowitz (A16z), valuing the company at $7.50 billion. Participating in the round also included Greenoaks Capital and Bedrock Capital.
So far, FlockSafety has accumulated more than $950 million in financing. The company plans to develop a U.S.-made drone in 2025 and build a 100,000-square-foot manufacturing plant in Georgia. The company focuses on providing artificial intelligence-based security monitoring solutions, mainly for government and corporate customers.