April 6, 2015

Pittsburgh, PA— April 6, 2015 — Dick Zhang, CEO of Identified Technologies, closed an oversubscribed seven-figure funding round on 3/27/15 led by Birchmere Ventures whose portfolio includes NoWait and Resumator. Identified Technologies self-piloting mapping drones automate site monitoring with drone-based, end to end data scanning, capture, access, and data analytics solutions for leaders in energy, mining, and construction.

 

“Drones are not an industry, they are means by which customers solve problems better, faster and cheaper than alternative methods.  Speed and customer service are keys to success and Dick Zhang and the team at Identified Technologies excel on these fronts. I am very excited to work with them.” – Ned Renzi, Founding Partner of Birchmere Ventures.

 

This mapping work is generally done slowly and dangerously by hand, or expensively by chartered aircraft. These unattractive options often force crews to risk using old, out of date information.

 

“We had outdated topographical maps when we budgeted for the earthwork on this site. Our estimates were 20% off, in the wrong direction. We were the ones that had to absorb that risk and error. I wish I had Identified Technologies data before we started.” – Jon Machen, Site Manager, Mascaro Construction

 

Identified Technologies automates the data capture and analysis process with a proprietary self-piloting Boomerang™ drone and LaunchPad™ smart dock system. The mapping drone flies itself above job sites automatically, captures the data, and lands itself back on the dock station, which lives on the client site throughout the project. The dock station then swaps and charges the drone’s batteries, and sends the data to the cloud for customer analysis wirelessly. Businesses are now operating significantly more efficiently, equipped with continuous automated job site visibility and analysis.

 

“The number of sites we can market Identified Technologies to is extensive, we should only be limited by how quickly they can expand operations.” – Rick Celender, Principal, CEC
 

Their Pittsburgh, PA location places Identified Technologies in the heartland of a 1.2 billion dollar market in the local PA, WV, OH region. This expands to a 20 billion dollar market of over 200,000 job sites in the USA.
 

About Identified Technologies

Industrial leaders use Identified Technologies fully-managed commercial drone solution to increase project visibility and team productivity. Construction and excavation companies reduce their costs and win more business using job site data and analytics. Identified empowers ENR 400 companies, including PJ Dick, EQT, Vulcan, and Casella, with the ability to track progress on highways, well pads, mines, and landfills in near real-time. Identified’s integrated software and services take care of everything from FAA compliance and flight planning to advanced analytics.