Five million dollar venture capital funding for opensource robotics company.

2012-11-07

Five million dollar venture capital funding for opensource robotics company.

Writing on the open source UAS community autopilot site of his own creation, DIYdrones, Chris Anderson today revealed funding in excess of 5 million dollars for his robotics start up 3DR

Last week you may have seen the news that I’m going to be leaving Wired to lead 3D Robotics full time as CEO. Now I’m delighted to announce our other exciting news: last week we closed a $5+ million funding round with two premier firms, which will allow us to accelerate the growth of 3DR and expand into new markets.

The round was led by Jon Callaghan at True Ventures and Bryce Roberts of O’Reilly AlphaTech Ventures. Both of them will be joining the 3DR board. These are two of the most far-seeing VCs in the Valley, and both are part of the “hardware is the new software” trend, including investments in Fitbit, Makerbot, Littlebits and Instructables. And they share our vision of the power of open source, the Maker movement and personal robotics. Chris Michel, an investor and long-time entrepreneur (and former Naval Flight Officer) will also be joining as an investor and board member.

I’ll be opening an office in the SF Bay Area (“3DR North”), which will focus on sales/marketing and community development. Our San Diego headquarters will continue to be the R&D and engineering center, while our Tijuana manufacturing is expanding to handle more and more of our production. My co-founder, Jordi Munoz, will take over the role of President, overseeing operations.

With me joining as CEO and the funding round, we’ll be growing the company quickly. We’re now at 40 people, but will be hiring more hardware and software engineers in San Diego and sales, marketing and community management people in the Bay Area (probably in the Berkeley/Emeryville area).

The aim of this ramp-up is simple: more cool stuff and a great customer and community experience. As part of this, we’ll be launching a new 3D Robotics site/store, new product sites, manuals and tech support communities and a expanded customer support team. And of course a wave of exciting new products, focused on making drones and other aerial robotics technology easier, more powerful and cheaper than ever before.

This is going to be fun ;-)

This announcment puts 3DR firmly at the head of the pack of start up robotic innovators. 3DR have factories in the USA and Mexico, distributers worldwide and an online community 30k strong


Region:  USA and Canada
Contry:  USA
Category:  UAT


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