The funding round was just another sign of how defense tech investment has exploded this year. The sector already has taken in more venture dollars than ever before and investment is showing few signs of letting up as defense systems become more dependent on tech, conflicts around the world heat up, and many expect a likely uptick in the Department of Defense's budget after the recent election. !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); In August, the Costa Mesa, California-based startup locked up a $1.5 billion Series F co-led by Founders Fund and Sands Capital Ventures that values the company at $14 billion ' a 69% jump from the $8.5 billion valuation it...
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