//

General Radar Corporation Receives Profitable Series A Funding; CEO Dmitry Turbiner Quoted

2 mins read

3D radar system manufacturer General Radar Corporation has secured a Series A funding round of $22 million, headed up by Octave Ventures.

Building on a $3.4 million seed round from Kleiner Perkins, the Series A round also featured contributions from Disruptive Technology Advisors and Perkins, the Menlo Park, California-based company said Wednesday.

Dmitry Turbiner, CEO and founder of General Radar, extended gratitude to the organization’s investors, clients and employees and asserted that General Radar’s products have the potential to alter and strengthen the populace’s relationships to the environment, natural resources and national security.

General Radar primarily partners with clientele in the aerospace and defense, wind energy, autonomy and weather markets. Their high-resolution 3D imaging radars are designed for autonomous systems and their team has focused on the development of solid-state AESA antennas as well as imaging and selecting targets by way of arbitrary waveforms and artificial intelligence and machine learning.

Alex Davis, CEO of Disruptive, expressed support for General Radar’s team’s mission and “innovations.” He feels that the company’s discoveries and services will assist the U.S. and its allies in combating national security challenges, the sophistication of which is always evolving in the 21st century.

“The innovations [General Radar] is bringing to market will significantly enhance the capabilities and reduce the cost of aerospace radar, while also opening up an exciting range of new commercial applications. We believe that General Radar is a company with a very compelling future,” commented Michael Kim, CEO and founder of Octave Ventures.

ExecutiveGov Logo

Sign Up Now! Executive Gov provides you with Free Daily Updates and News Briefings about Financial Reports