Lily Flying Camera Closes $14M In Funding, Delays Shipping Until Summer 2016

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Lily drone

Lily, a drone that's meant to fulfill all of your selfie wants, has at this time introduced the shut of a $ 14 million Collection A spherical of funding, with buyers together with Spark Capital, SV Angel, Stanford-StartX Fund, Steve Aoki and Joe Montana.

That stated, the corporate additionally introduced it will be suspending its ship date till Summer 2016.

Lily initially put their flying camera up for pre-sale (by way of their web site) of Might in 2014.

The Lily is a flying camera that may fly for as much as 20 minutes and seize 1080p video at 60fps, or sluggish movement at 720p with 120fps. It additionally has the power to seize 12 megapixel stills.

However the Lily differentiates by being tailor-made to its objective of filming the pilot, utilizing a tracker to start out an orbit round them. The Lily can also be waterproof so it may be utilized by the pool or on the seashore.

In response to the Lily Crunchbase web page, the corporate had raised $ 1 million in seed earlier than this most up-to-date $ 14 million Collection A spherical. Bijan Sabet, who led the spherical for Spark Capital, weighed in on the delayed delivery date in his personal Medium submit:

We've confidence that the delay is the best factor to do for his or her clients and finally will give them the time to ship the best potential product. I consider they may do exactly that.

You possibly can take a look at Lily for your self proper right here.

Source : TechCrunch

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