Lily Flying Digital camera Closes $14M In Funding, Delays Delivery Till Summer time 2016

Lily Flying Camera Closes $14M In Funding, Delays Shipping Until Summer 2016

Lily, a drone that’s meant to fulfill all of your selfie wants, has at the moment introduced the shut of a $14 million Collection A of funding, with buyers together with Spark Capital, SV Angel, Stanfrod-StartX Fund, Steve Aoki and Joe Montana.

That stated, the corporate additionally introduced it might be suspending its ship date till Summer time 2016.

Lily initially put their flying digital camera up for pre-sale (by way of their very own web site) of Might in 2014.

The Lily is a flying digital camera that may fly for as much as 20 minutes and seize 1080p video at 60fps, or sluggish movement at 720p with 120fps. It additionally has the power to seize 12 megapixel stills.

However the Lily differentiates by being tailor-made to its aim of filming the pilot, letting a consumer use a tracker to start out an orbit round himself or herself. The Lily can also be waterproof so it may be utilized by the pool or on the seashore.

Based on the Lily Crunchbase web page, the corporate had raised $1 million in seed earlier than this most up-to-date $14 million Collection A spherical. Bijan Sabet, who led the spherical for Spark Capital, weighed in on the delayed delivery date in his personal Medium submit:

We’ve confidence that the delay is the best factor to do for his or her clients and finally will give them the time to ship the absolute best product. I consider they’ll do exactly that.

You possibly can take a look at Lily for your self proper right here.