Y Combinator Police Surveillance Darling Flod Safety raises $ 275 million with $ 7.5 billion estimated

The herd’s safety and one of his long -standing VC, Bedrock Capital, declared On Thursday, the launch raised a fresh $ 275 million with a $ 7.5 billion valuation.

Flock makes video surveillance technology activated by Computer Vision, used by law enforcement agencies, as well as business, property management companies, etc. It is most famous for its Automatic Recognition Technique of Registration SignsBut Flock also makes rifle detection technologies available on the market in schools, and recently Acquired Public Safety Drone Company AerodomeS

Flock was founded in 2017 and went through Y Combinator that year. Growth has erupted in the coming years. Flock crossed over $ 300 million annual repetitive revenue last year, which is 70% during the year growth, Flock spokesman Holly Baylin told TechCrunch.

Atlanta -based startup has already raised over $ 950 million total funding, According to Pitchbook dataAnd his last estimate was $ 4.8 billion a year ago. The return of investors Andreessen Horowitz, Greenoaks, Meritech Capital, Matrix Partners and Y Combinator participated in this round.

Given that he is doing Surveillance Tech, Flock surprisingly had his share of controversy. For example, ACLU quotes fears with herds Above the type of mass surveillance, which also enables the company a year ago to allow the company to authorize an independent review of its products. Privacy Protection in Norfolk, Virginia are currently being sued To stop the flock not to be located there.

The herd is also facing a case for unlawful termination by mayor of a seated mayor of a small town in California, As TechCrunch recently reportedS

This is what a read is a VC favorite for years.

For example, the founder of Bedrock, Jeff Lewis, told how he flew to Atlanta in 2018 to ask the co-founder of the flock of Garet Langley (pictured above) to take the A-1 series A-1, one of the first checks from the new Lewis company. But Langley just closed the series of Flod A.

This deal was a “completely insane” estimate worth $ 60 million as Bedrock described it – Around the triple rating of the circle only a few months earlier. Langley took the money – and since then he has continued to take more than $ 164 million in investments from Bedrock.

By the way, Lewis, who welcomes the founders’ fund, now has other big names in the Bedrock portfolio, such as Openai, Ripppling and Mach Industries.

Meanwhile, A16Z’s leading American Dynamism Fund David Ulevich led other flock circles. “Beyond the protection of property, the safety of the herd literally helps save lives,” Ulevitch and A16z Growth VC David George predicted In 2021

Garry Tan of YC took in LinkedIn Just A few months ago To applaud the actions of the herd of success rates she has achieved in the fight against crime.

But the growth of Flock’s revenue, in addition to public safety products, made investors “continue to double and triple the flock,” Bailin said.