Company News · 2 MIN READ
HUVRData Launches and Announces $2 Million in Funding
Posted on August 11
The drone-based data analytics company, HUVRData LLC, recently launched, and announced $2 million in funding from angel investment organizations including Houston Angel Network, Texas HALO fund, and Central Texas Angel Network.
Over the last 1.5 years, the company has built out its technology, received FAA approval for its commercial UAS applications and established its target markets, which include wind, solar, oil and gas and precision agriculture, according to a news release. The company uses drone-based inspections and cloud-based services to deliver data analytics.
HUVR already has customers in the wind industry and is focused on working with wind farm owners and repair companies to conduct regular turbine assessments to identify and diagnose damage. Customers can access their information in real-time via the cloud, where it’s stored on a secure platform.
“The response to HUVR to date has truly been astonishing,” co-founder and CEO Bob Baughman said, according to the release. “Our wind farm inspection packages provide wind farm owners actionable data that can save significant operating expenses and provide this in a way that is much more efficient and cost-effective than conventional methods. The investor response was so positive we raised more than we planned to enable more investors to be involved with HUVR now, which will allow us to expand even more aggressively.”
For more information visit huvrdata.com.