SkyX drones are half-helicopter, half-plane and built to fly long distances

 A Markham, Ontario startup called SkyX Ltd. emerged from stealth today to share with TechCrunch details about its unique industrial drone designs. The company’s SkyOne drones take off and land like a helicopter, but fly more like an airplane, with a range of more than 25 miles (40 km) per charge. For drone industry nerds, this means they have both VTOL and fixed-wing elements. Read More


Private equity strikes again with $130M LogicMonitor investment

Server room Private equity firms have certainly been flexing their muscles this year, whether Thoma Bravo snagging Qlik for $3 billion or Vista Equity Partners grabbing Marketo for $1.9 billion and Ping Identity for another $600 million. Apparently Providence Strategic Growth, the growth investment arm of Providence Equity didn’t want to be left out and today they announced a $130 million investment… Read More

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