Surveillance technology company Flock Safety raised $275 million in funding led by A16z, achieving a valuation of $7.50 billion.

According to Deep Tide TechFlow and reported by TechInAsia, Atlanta-based surveillance technology company Flock Safety has completed a $275 million financing round led by Andreessen Horowitz (A16z), with the company's valuation reaching $7.50 billion. Other participants in this round of investment include Greenoaks Capital and Bedrock Capital.

To date, Flock Safety's total financing has exceeded $950 million. The company plans to develop domestically manufactured drones in the United States by 2025 and build a 100,000 square foot manufacturing facility in Georgia. The company focuses on providing AI-based security monitoring solutions primarily for government and corporate clients.