Palo Alto, California -- Drone technology company Airdog has landed $2.7 million in new equity venture capital investment, according to an SEC regulatory filing.
Airdog has developed a drone that automatically follows the user as the user moves.
The auto-follow drone is ideal for participants in action sports.
Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.
A total of 17 investors participated in the offering.
Airdog is still seeking $1.94 million in additional equity funding, according to the filing.