Rethink Robotics Lands $26,600,000 Series D Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=16d4839f-1635-49e1-a7d1-04733a6c8a0c
Date
1/8/2015
Company Name
Rethink Robotics
Mailing Address
27 Wormwood St. Boston, MA 02210 USA
Company Description
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.
Website
http://www.rethinkrobotics.com
Transaction Type
Venture Equity
Transaction Amount
$26,600,000
Transaction Round
Series D
Proceeds Purposes
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.
M&A Terms
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