Telstra Ventures backs US drone software startup Cape

Telstra has participated in the Series A funding round of Californian drone software startup Cape through its investment arm, Telstra Ventures, joining Google’s Gradient Ventures, Mitsui & Co and NEA in the round.

Founded in 2014, Cape has developed software aimed at making drones both safer and easier to use, with its drone telepresence and data management system allowing users to fly a drone and capture footage from unlimited distances without needing to touch any

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