D-Fend Solutions has secured USD31M in the initial closing of a new investment round. The round was led by Israel Growth Partners (IGP), with participation from existing investor Vertex Ventures and new investor Vertex Growth.
The funding will enable D-Fend to expand its market reach into new territories and sectors, and build on its ability to tackle new and evolving drone risks. The company’s EnforceAir technology employs RF cyber-takeover techniques and is designed to safely neutralise rogue drones without collateral damage or operational disruption.
With this investment round, IGP General Partner Uri Erde join’s D-Fend’s Board of Directors, joining existing investor board members Yoram Oron of Vertex Ventures and Rami Hadar of Claridge Israel.
The funding round comes as the company records continuous year-over-year revenue growth of over 60 percent alongside expansion across geographies, sectors, and use cases. D-Fend’s global installed base has now reached nearly 30 countries, including Five Eyes alliance, G7 and NATO member states.
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