The company behind the most popular consumer drone in the world announced this morning that it was raising $75 million in funding from Accel Partners, an investor in companies like Facebook and Dropbox. "Accel's experience backing some of the world's most iconic technology companies as they built communities around their products will be useful for us as we expand as a platform for innovation," said DJI founder and CEO Frank Wang. The investment values the company around $10 billion. DJI is on pace to double its sales this year, generating around $1 billion in revenue.

"DJI is kicking everybody's ass."

"DJI is kicking everybody's ass," said Bilal Zuberi, a tech investor who has backed drone makers like CyPhy Works. "They are the Apple of the space." DJI isn't just taking the lion's share of the profits. It also resembles Apple in that it offers an attractive and easy-to-use gadget that is difficult to modify when compared to more open and modular systems developed by competitors.