Tech Company Financing Transactions
Desktop Metal Funding Round
Desktop Metal, operating out of Burlington, secured $97 million in investment from GV, BMW i Ventures and Lowe's Companies.
Transaction Overview
Company Name
Announced On
2/7/2017
Transaction Type
Venture Equity
Amount
$97,000,000
Round
Series C
Investors
Proceeds Purpose
Desktop Metal will use the funding to continue to develop its technology and scale production as the company prepares for its product launch later this year.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
63 Third Ave.
Burlington, MA 01803
USA
Burlington, MA 01803
USA
Phone
Website
Email Address
Overview
Desktop Metal is the effortless way to go from 3D CAD to robust metal parts. Our family of 3D printers will build complex parts beautifully and at a price that makes it attainable by every design and manufacturing team.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ric Fulop
Chief Financial Officer
Michael Rubino
Chief Technical Officer
Jonah Myerberg
Co-Founder
Yet-Ming Chiang
Co-Founder
John Hart
Co-Founder
Ely Sachs
Co-Founder
Christopher Schuh
Vice President
Rick Chin
VP - Bus. Development
Arjun Aggarwal
VP - Engineering
Matthew Verminski
VP - Product Management
Larry Lyons
VP - R & D
Animesh Bose
VP - Sales
Tuan Tranpham
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