Skydio Co-Founder/CEO Adam Bry. Photo credit: Kimberly White/Getty Images for TechCrunch, under Creative Commons license

Drone maker Skydio has announced it’s raised $100 million in Series C funding led by Next47, a venture capital arm of industrial conglomerate Siemens, and with participation from Levitate Capital, NTT Docomo Ventures, and existing investors including Andreessen Horowitz, IVP, and Playground. The Series C adds up the total funding that Skydio has raised since its inception to $170 million. Skydio’s new fundraise coincides with the company’s foray into the enterprise and public sector markets. The new fundraise also coincides with Skydio’s appointment of new key executives including a Chief Operating Officer (COO), Chief Marketing Officer (CMO), and Head of Regulatory and Policy Affairs.

Skydio has recruited Mark Cranney, a partner at venture capital firm Andreessen Horowitz and former COO of SignalFx, to be its new COO, as well as Alberto Farronato, a tech veteran from the likes of VMware, Mulesoft, and SignalFx, to be its CMO. Also, Skydio has recruited a Head of Regulatory and Policy Affairs from the U.S. Department of Justice by the name of Brendan Groves. Before now, Groves was an Associate Deputy Attorney General and served on the U.S. Federal Aviation Administration’s executive committee charged with overseeing the integration of drones into the national airspace system.

Building on the success of the consumer-focused Skydio 2, the second iteration of the company’s famed autonomous drones, Skydio is planning to introduce an enterprise-focused drone suite called the Skydio X2 as well as software solutions that’ll power the use of drones in enterprise-focused scenarios. Skydio is also targeting the use of its drones in military-centric activities such as security patrol and search and rescue missions.

Skydio X2. Photo credit: Skydio

“Enterprises have tasted the value that drones can provide, but are also feeling the pain of conventional manually flown systems. Deployments of drones are constrained by training time, pilot availability, and the difficulty of performing important tasks like detailed inspection,” Skydio CEO Adam Bry said in a press statement.

“With Skydio 2, we set a new standard in AI for drones, and generated incredible traction from enterprise customers. With this funding and the addition of a world-class enterprise go-to-market and regulatory team, we are excited to take the next steps to bring autonomous drones to the enterprise,” Bry said.