6 River Systems Receives $6,000,000 Seed Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=488d4a51-71c0-4595-8057-d381a214bf75
Date
3/31/2016
Company Name
6 River Systems
Mailing Address
117 Beaver Street Waltham, MA 02452 USA
Company Description
Our mission is to redefine automation fulfillment for e-commerce and retail operations. 6 River Systems was founded in 2015 by former Kiva Systems and Mimio executives and is based in Boston. We are currently working with select customers on pilots through 2016.
Website
http://www.6river.com
Transaction Type
Venture Equity
Transaction Amount
$6,000,000
Transaction Round
Seed
Proceeds Purposes
The funding is expected to support the expansion of the 6RS engineering team and to support customer pilots already in progress.
M&A Terms
Venture Investor
Eclipse Ventures
Venture Investor
iRobot