Tech Company Financing Transactions

Rethink Robotics Funding Round

Rethink Robotics, based in Boston, secured $30 million in funding from Sigma Prime Ventures, Bezos Expeditions and CRV.

Transaction Overview

Company Name
Rethink Robotics
Announced On
6/19/2012
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors

Sigma Prime Ventures (Lead Investor) (Paul Flanagan)

Bezos Expeditions

CRV (Devdutt Yellurkar)

Highland Capital Partners (Paul Maeder)

Threshold Ventures (Steven Jurvetson)

Proceeds Purpose
The funds will be used to launch the company's new robot product, begin development of new product lines and expand sales, marketing and services operations.

Company Information

Company Status
Out of Business
Industry
Robotics
Mailing Address
27 Wormwood St.
Boston, MA 02210
USA
Phone
(617) 500-2487
Website
www.rethinkrobotics.com
Email Address
[email protected]
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: 6/19/2012: Codecademy venture capital transaction
Next: 6/19/2012: Panzura venture capital transaction

 

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