Glowforge Secures $22,000,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb571f4c-fa06-47e7-9f96-849e1d8f2cac
Date
8/3/2016
Company Name
Glowforge
Mailing Address
2944 1st Avenue South Seattle, WA 98134 USA
Company Description
Glowforge is a 3D laser printer: a new desktop tool that uses laser cutter/engraver technology to shape wood, leather, fabric & more at an amazing price.
Website
http://www.glowforge.com
Transaction Type
Venture Equity
Transaction Amount
$22,000,000
Transaction Round
Series B
Proceeds Purposes
With this financing, we can deliver not just an amazing product to the people who’ve ordered it already, but we can scale up our American assembly line to make this available to schools, homes, and businesses around the world.”
M&A Terms
Venture Investor
Foundry Group
Venture Investor
True Ventures
Venture Investor
Undisclosed