Tech Company Financing Transactions
CyPhy Works Funding Round
CyPhy Works, based in Danvers, secured $7 million from Lux Capital, Felicis Ventures and General Catalyst Partners.
Transaction Overview
Company Name
Announced On
11/5/2013
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Lux Capital (Lead Investor) (Bilal Zuberi)
General Catalyst Partners (Joshua Kushner)
Proceeds Purpose
As part of this funding round, CyPhy Works will expand its development and deployment of UAVs in surveying and situational awareness for commercial sectors such as agriculture, mining, construction, oil & gas, insurance, infrastructure, and others.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
16C Electronics Ave.
Danvers, MA 01923
USA
Danvers, MA 01923
USA
Phone
Website
Email Address
Overview
We create robots to empower people. Our UAVs expand military, law enforcement, and inspection capabilities through enhanced awareness, endurance, and access.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lance Brook
Vice President
Elizabeth Brozena
VP - Bus. Development
Matthew Stevens
VP - Engineering
Laura Major
VP - Human Resources
Michelle Burnett
VP - Manufacturing
Phillip Bedard
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