Tech Company Financing Transactions
Cobalt Robotics Funding Round
Cobalt Robotics, based in San Mateo, secured $35 million in funding from Coatue Management, Bloomberg Beta and Sequoia Capital.
Transaction Overview
Company Name
Announced On
6/27/2019
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
2121 South El Camino Real B100
San Mateo, CA 94403
USA
San Mateo, CA 94403
USA
Phone
Website
Email Address
Overview
Cobalt fills an important gap in the spectrum of existing security solutions. At one end of the spectrum are manned security guards; they are amicable and responsive but can be expensive and underutilized during uneventful night shifts--a quintessentially dull task.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Travis Deyle
Chief Technical Officer
Erik Schluntz
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