Monitoring technology company Flock Safety raises $275 million in funding led by A16z

According to Golden Finance, Atlanta based monitoring technology company Flock Safety has completed a $275 million financing led by Andreessen Horowitz (A16z), with a valuation of $7.5 billion. Greenoaks Capital and Bedrock Capital are also participating in this round of investment. So far, Flock Safety has accumulated financing of over 950 million US dollars. The company plans to develop domestically manufactured drones in the United States by 2025 and build a 100000 square foot manufacturing plant in Georgia. The company focuses on providing AI based security monitoring solutions, primarily targeting government and corporate clients.