Tech Company Financing Transactions

Rethink Robotics Funding Round

GE Ventures, Bezos Expeditions and CRV participated in a $26.6 million Series D funding round for Rethink Robotics. This VC investment round was announced on 1/8/2015.

Transaction Overview

Company Name
Announced On
1/8/2015
Transaction Type
Venture Equity
Amount
$26,600,000
Round
Series D
Investors

GE Ventures (Lead Investor) (Sue Siegel)

Bezos Expeditions

CRV (Devdutt Yellurkar)

Goldman Sachs (George Lee)

Highland Capital Partners (Paul Maeder)

Sigma Prime Ventures (Paul Flanagan)

Threshold Ventures (Steven Jurvetson)

Two Sigma Ventures

Proceeds Purpose
The funding will be used to support the company's continued innovation, growth, and international expansion, and reflects Rethink Robotics' position as a leader in the emerging market of collaborative robotics. This new investment brings the company's total funding to more than $100 million since its founding in 2008.

Company Information

Company Status
Out of Business
Industry
Robotics
Mailing Address
27 Wormwood St.
Boston, MA 02210
USA
Email Address
Overview
Rethink Robotics is combining the power of computers - embodied in robots - and the extraordinary intelligence of the American workforce, to increase productivity and revitalize manufacturing.
Profile
Rethink Robotics LinkedIn Company Profile
Social Media
Rethink Robotics Company Twitter Account
Company News
Rethink Robotics News
Facebook
Rethink Robotics on Facebook
YouTube
Rethink Robotics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Scott Eckert
  Scott Eckert LinkedIn Profile  Scott Eckert Twitter Account  Scott Eckert News  Scott Eckert on Facebook
Chief Operating Officer
James Lawton
  James Lawton LinkedIn Profile  James Lawton Twitter Account  James Lawton News  James Lawton on Facebook
Chief Technical Officer
Rodney Brooks
  Rodney Brooks LinkedIn Profile  Rodney Brooks Twitter Account  Rodney Brooks News  Rodney Brooks on Facebook
VP - Finance
Steve Daignault
  Steve Daignault LinkedIn Profile  Steve Daignault Twitter Account  Steve Daignault News  Steve Daignault on Facebook
VP - Manufacturing
Kurt Reiner
  Kurt Reiner LinkedIn Profile  Kurt Reiner Twitter Account  Kurt Reiner News  Kurt Reiner on Facebook
VP - Sales
Jason Barton
  Jason Barton LinkedIn Profile  Jason Barton Twitter Account  Jason Barton News  Jason Barton on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/8/2015: Seismic venture capital transaction
Next: 1/8/2015: Clearleap venture capital transaction

 

Share this article

 


News on VC Transactions

Our team works diligently to report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary