Another day and another big round for a defense tech firm.
raised a $65 million Series C led by with participation from , , , , , and others.
The Syracuse, New York-based startup said the new cash comes six months after it raised a previously unannounced $35 million Series B.
Hidden Level’s passive radar systems allows users to detect and track drones and other objects in the air — a more common tactic in modern warfare. The passive radar systems cannot identify approaching aircraft without being detected.
The company has contracts this year to support deployments for the , , U.S. Africa Command, , , U.S. Northern Command and other federal, state and local agencies.
“Critical infrastructure is the backbone of our nation’s security,” said co-founder and CEO . “Today’s evolving threats demand comprehensive airspace monitoring, from low-altitude drones to high-altitude aircraft and everything in between.”
Money for defense
Hidden level is just the latest startup to collect a big check — or two — from VCs interested in defense tech.
Just last week, El Segundo, California-based , a defense manufacturer developing long-range hypersonic strike weapons, raised a $100 million Series A in a mix of debt and equity. led the equity portion.
Earlier this year, raised a $60 million Series B and locked up a $50 million Series C.
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