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Funding Round: Juno Therapeutics, Connectivity, Slack, Wanderful

Series A

Juno Therapeutics, a biotech company, which concentrates on delivering immunotherapies to battle cancer, has raised a $176 million in Series A. Investors include ARCH Venture Partners and the Alaska Permanent Fund via a partnership managed by Crestline Investors, says a press release. Founding funders, Bezos Expeditions, Jeff Bezos, and Venrock also participated in this round.

Connectivity, a customer intelligence company, has raised $6.35 million in a Series A investment round. Greycroft Partners led the round and saw participation from Daher Capital, Double M Partners, Rincon Venture Partners, SLP Ventures, TenOneTen Ventures, and Eytan Elbaz.

Funding

Slack, an enterprise collaboration app, has raised $42.75 million led by new investor The Social+Capital Partnership. Existing investors Tiny Speck investors Accel Partners and Andreessen Horowitz also participated in this round.

Wanderful Media which helps local newspapers adopt digital media for their coupon/local advertising business has raised $14.5 million from Advance Digital, A. H. Belo Corporation, Community Newspaper Holdings Inc., Cox Media Group, The E. W. Scripps Company, Gannett Co., Inc., GateHouse Media, Inc., Graham Holdings Co., Hearst Corporation, Lee Enterprises, MediaNews Group and The McClatchy Company.
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Funding Roundup: Tradier, Synack, CRISPR Therapeutics, Shopkeep, Crate Data, Virtuix, FinancialForce, Isarna Therapeutics, SecretSales.com, Wish, Stitch, 2Checkout, Etsy, Grandst, Moves, Payscale

Series A

Tradier, a company which provides a toolkit to build trading platforms and financial services apps that easily integrate with brokerages and stock markets has raised $3.1 million Devonshire Investors in Series A financing round.

Menlo Park cyber security company Synack Inc. has raised $7.5 million in a Series A round. Kleiner Perkins led the investment, which saw contributions from Google Ventures and current backers Allegis Capital, Greylock Partners, and Shape Security CEO Derek Smith.

According to a press release, Biopharma company, CRISPR Therapeutics has received $25 million in a Series A funding from Versant Ventures. The company concentrates on the gene-editing technology CRISPR-Cas9.

Series C

According to a press release, New York based Shopkeep POS has raised $25 million in a Series C investment round led by Thayer Street Partners. Canaan Partners, TTV Capital, Contour Venture Partners and Tribeca Venture Partners also invested. ShopKeep POS is a Red Herring 2013 Top 100 North America Winner.

Funding

Crate Data, a Berlin-based startup, has raised a $1.5 million seed round from two European VCs: Copenhagen, Denmark-headquartered Sunstone, and London-based DFJ Esprit.

Virtuix an immersive virtual reality tech company has raised $3 million in its first institutional financing from Mark Cuban, Scentan Ventures, Maveron, Scout Ventures, Partech Ventures, StartCaps Ventures and others.

FinancialForce, the ERP provider built on top of Salesforce.com, announced today they have received $50M from private equity investors, Advent International.

 Isarna Therapeutics GmbH, Munich-based biotechnology company,  has raised around $7.6 million from AT NewTec, MIG Fonds, and Global Asset Funds.

London based SecretSales.com, a flash sales platform,  has announced it raised £4.5 million in fresh funding from Partech Ventures, 123Venture, Doughty Hanson and Pentech.

Wish, has raised $19 million in financing led by GGV Capital and Formation 8. Existing seed investor  Yahoo co-founder Jerry Yang also participated. Hans Tung, managing director at GGV Capital joined the company’s board of directors.

Stitch, a salespeople productivity platform, has raised $3.25 million in seed funding from Google Ventures, SoftTech, Freestyle Capital, Foundation Capital, ENIAC Ventures and angels such as Brad Garlinghouse, Tom Conrad, and Eric Hahn.

According to a press release, Columbus-Ohio Payments-as-a-Service company, 2Checkout has raised the last tranche of a $60 million funding round. Chicago Growth Partners and Trident Capital led the investment; management and strategic individuals participated in this round.

M&A

Online marketplace Etsy is buying technology marketplace Grand St.  Both companies are based in New York. Grand St.’s team will head to Etsy; financial terms of the deal were not disclosed.

Helsinki, Finland-based ProtoGeo Oy and its activity app, Moves, have been picked up by Menlo Park social media titan Facebook. The app had racked up 4 million downloads. “The Moves experience will continue to operate as a standalone app, and there are no plans to change that or commingle data with Facebook,” says Moves.

Private equity investment firm Warburg Pincus is announcing that it has bought compensation software services vendor PayScale in a deal worth up to $100 million.

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Funding Roundup: Declara, Sentinel Labs, Piqora, Guardant Health, Kala Pharmaceuticals, Weebly, Pure Storage, AgLocal, Aerpio Therapeutics, InVisage Technologies, CorvisaCloud, Delivery Hero

Series A

Declara, a personal learning technology company, has raised $16 million in Series A funding led by GSV Capital led the investment; Catamount Ventures, Data Collective and Founders Fund participated in this round.

Cybersecurity company Sentinel Labs has raised $12 million in a Series A financing round led by Tiger Global.  Westly Group, Accel Partners, Granite Hill Capital Partners, and Data Collective also participated in this round. The company had earlier received $2.5 million in seed funding from investors such as Accel Partners, Data Collective, UpWest Labs, Granite Hill Capital Partners and Dan Scheinman.

According to a press release, San Mateo marketing and analytics company, Piqora has gained $7.7 million in a Series A investment round led by DFJ; Freestyle Capital, Lazerow Ventures, Baseline Ventures, Altos Ventures, and Firebolt Ventures also participated in this round.

Series B

According to a press release, Redwood City biotech company, Guardant Health has secured more than $30 million in a Series B funding led by Khosla Ventures. Sequoia Capital and fresh investor Pejman Mar Ventures contributed to the round. The company said “The capital will go towards buttressing “the continued commercial expansion of its GUARDANT360 non-invasive tumor sequencing test”

According to a press release, Kala Pharmaceuticals, Inc. has raised $22.5 million in a Series B round led by Ysios Capital; Lux Capital, Crown Venture Fund, Polaris Partners and Third Rock Ventures also participated in this round. Waltham, MA-based Kala Pharmaceuticals develops treatments targeting ocular diseases.

Series C

Weebly, a San francisco website-making company,  has raised $35 million in a Series C funding round. Sequoia Capital and Tencent Holdings Ltd. invested in this round.

Series F

Pure Storage, Mountain View-based company,  has raised a massive $225 million in a Series F investment round that has valued the company at more than $3 billion. Tiger Global, T. Rowe Price Associates, Inc., Wellington Management Company, Greylock Partners, Index Ventures, Sutter Hill Ventures and Redpoint Ventures are the investors. Total backing behind the enterprise storage array venture has now reached $470 million.

Funding

Meat Marketplace AgLocal becomes a consumer facing subscription service and announces that it has raised another $1.3 Million led by Chicago Ventures, with participation from Sam Yagan (Match.com CEO), Bob Trahan (early Facebook engineer) and other prior investors.

 Aerpio Therapeutics, Inc., Cincinnati biopharma company, has raised $22 million in funding led by OrbiMed. The company concentrates on developing therapies for vascular diseases. Current investors Triathlon Medical Ventures, Satter Investment Management, Kearny Venture Partners, Venture Investors, Novartis Venture Funds and Athenian Venture Partners participated in this round.

 InVisage Technologies, Inc., Menlo Park semiconductor company, has raised $18 million in funding, GGV Capital, RockPort Capital, InterWest Partners, OnPoint Technologies, Intel Capital and Nokia Growth Partners participated in this round. This round brings the total funding to over $100 million.

According to a press, Cloud-based communications company out of Milwaukee, CorvisaCloud, LLC. has raised $30 million in funding from its parent company, Novation Companies, Inc. “According to DMG Consulting’s Cloud-Based Contact Center Infrastructure Market Report, more than 62 percent of organizations were using some type of cloud-based contact center solution as part of their operation in September 2013, and approximately half (45.6 percent) of the organizations that are not yet using cloud-based contact center solutions are planning to move in this direction in the next 18 months”

According to TechCrunch, the Rocket Internet company, Delivery Hero, which does food delivery across many countries has raised $85 million in a Series F funding round.

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Funding Roundup: Placester, APX Labs, Principia BioPharma, Tubular Labs, ProNai Therapeutics, Everplans, Carmudi, Yik Yak, Codasip, Xappmedia, Electric Cloud, Blucora

Series A

Real estate marketing platform and Techstars Boston grad Placester has raised $5.5 million in Series A funding. The investment was led by Romulus Capital, and included participation from existing investors Dave Anderson (Kiva, Silverpop), Josh Summers (Clypd, Where.com), David Cohen (Founder of Techstars), Adam Berrey (Curoverse, Brightcove, Allaire) and Angel Street Capital.

APX Labs, the company behind smart glasses enterprise software platform Skylight, has raised $10 million in a Series A round New Enterprise Associates led the funding. Total backing behind the Herndon, VA-based company has now reached  $15.8 million.

Series B

Principia Biopharma Inc. has raised $50 million in a private funding round led by Sofinnova Ventures. New Leaf Venture Partners, OrbiMed, Mission Bay Capital, Morgenthaler Ventures, SR One and others participated in this round.

Mountain View video marketing company Tubular Labs has raised $11 million in a Series B funding round led by Canaan Partners. FirstMark Capital and Lerer Ventures participated in this round. The company, which serves more than 2,000 publishers, is also debuting Tubular Intelligence, its enterprise solution. “Tubular users reach over 200 million total subscribers, generate two billion views/month, and are growing their video views over 50 percent faster than non-Tubular users,” says a press release.

Series D

Plymouth, Michigan-based ProNAi Therapeutics, Inc. has raised $59.5 million in a Series D round led by Vivo Capital. Frazier Healthcare Ventures, OrbiMed Advisors, RA Capital Management, Hopen Life Science Ventures, Caxton Alternative Management, Sectoral Asset Management, Janus Capital Management LLC and Adams Street Partners contributed as new investors. Prior backers Capital Midwest Fund, Amherst Fund, Grand Angels and Apjohn Ventures Fund also participated in this round.

Funding

According to a report in TechCrunch  Everplans, is set to announce a $2.1 million round of seed financing from investors including: Scout Ventures; David McCabe, chair of the private clients group at Willkie Farr & Gallagher; and Mark Seelig, a founding partner of Meister Seelig & Fein; as it adds a professional service to its end-of-life planning site. The goal is to help Baby Boomers and Generation X face the realities of dying – and plan for it.

Carmudi, a car classified ads site backed by Rocket Internet, has raised $10 million to expand its operations in Asia. Investors include Tengelmann Ventures.

Anonymous Social App Yik Yak Raises $1.5 Million from Vaizra Investments, DCM, Azure Capital Partners, and other angels. The company says it will put the funding toward enhancing the product features, fueling growth, and expansion outside the U.S.

Application specific processor design tool and IP provider, Codasip, has raised $2.8 million in funding led by Credo Ventures.

Xappmedia has announched that it has raised $3 million in seed funding round led by co-founder and executive chairman Frank Raines, with participation from other angel investors. The company harnesses mobile, cloud and voice technologies to make audio advertising interactive, simple and spontaneous.

Continuous Delivery company Electric Cloud has raised an extra $4 million funding tranche from Siemens’ Venture Capital, Mayfield Fund, RRE Ventures, US Venture Partners, and Rembrandt Venture Partners. The Sunnyvale, CA company had originally received $8 million in a September 2013 Series E funding round; its oversubscribed Series E now comes to $12 million. Electric Cloud serves companies including SpaceX, Shell Oil and Epic Games.

M&A

Bellevue, Washington’s Blucora, Inc., which propels operations for a portfolio of Internet businesses, and Discovery Communications have agreed that Blucora will pick up HowStuffWorks’ assets and operations, says a press release. The deal consists entirely of cash and in anticipated to be completed in Q2 2014. HowStuffWorks, an online information platform, drives about 200 million page views a month.

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Funding Roundup – Baoku, Birchbox, Nervana, Frrole, Adroll, Avaz, Airbnb, Crowdrise

Series A

China’s Baoku, which delivers travel and expense management services, has raised $10 million in Series A funding. China Broadband Capital and Asiainfo-Linkage have invested in this round.

Series B

New York-based consumer beauty commerce site, Birchbox, has received $60 million in a new Series B funding round, according to Fortune. Viking Global Investors led the investment; First Round Capital, Aspect Partners, Accel Partners, Glynn Capital, Sam Lessin, Comcast Ventures, Slow Ventures, Consigliere Brand Capital, Red Swan Ventures and TriplePoint Venture Growth BDC Corp contributed.

Funding

According to a report in TechCrunch – Nervana Systems, a San Diego-based startup that is focusing on hardware — not software — to boost the performance of artificial intelligence algorithms, just raised $600,000 from investors including Ali and Hadi Partovi, Y Combinator’s Sam Altman and Geoff Ralston, Scott Banister and Allen & Co.

Big Data startup Frrole Raises $245K angel round from Sharad Sharma (former head of Yahoo! R&D centre in india), Google’s India MD Rajan Anandan and Eka Software founder Manav Garg.

Avaz raises $550K in seed to help autistic children communicate using visual tools. The investment was led by led by Inventus Capital and Mumbai Angels. Popular Indian Angel investors – Rajan Anandan and Raju Reddy participated in this round.

According to a press release San Francisco-based retargeting company AdRoll has raised $70 million in funding led by Foundation Capital.  Institutional Venture Partners, Glenmede, Performance Equity and Northgate Capital and current investors Merus Capital, Peter Thiel and Accel Partners also participated in this round. AdRoll has reached a $150 million annualized revenue run rate.

According to reports, Accommodations platform Airbnb Inc.,will receive a $450 million mega-round that values the company at $10 billion.  TPG led the group agreeing to the investment; among the other backers are T. Rowe Price Group Inc., Dragoneer Investment Group, and Sequoia Capital, says WSJ. The San Francisco company recently reported that it counts hosts in upwards of 35,000 cities across 192 countries.

According to TechCrunch, Crowdrise has raised $23 million in funding from Fred Wilson and Union Square Ventures led investment.  Index Ventures, Spark Capital, RatPac, UTA Ventures, CAA Ventures and Bezos Expeditions contributed to this investment round. Detroit-based Crowdrise leverages a “fundraising platform for the world’s finest charities,” including the American Red Cross and The Nature Conservancy.

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Funding Roundup: Storefront, LifeSum, Chubbies, NatureBox, Julep, Lamudi, Quintel, Brigade Media, Ipreo Holdings, Titan Aerospace, Google, AdyouLike, Content Amp

Series A

Storefront, a San Francisco-based online marketplace enabling merchants to discover locations, has gained $7.3 million in a Series A funding round led by Spark Capital. The company is also debuting in Los Angeles. Storefront had previously raised $1.6 million in seed funding. Mohr Davidow Ventures, 500 Startups, Great Oaks Venture Capital, Box Group, SV Angel, Gary Vaynerchuk, Nas, Troy Carter, Tom Glocer, and Vikram Pandit all contributed.

According to TechCrunch, digital health company Lifesum has raised $6.7 million in Series A funding. Bauer Media Group and SparkLabs Global Ventures led the investment. Lifesum, which is based in Stockholm, leverages 4.5 million members.

Manufacturer and online retailer of men’s shorts Chubbies has raised $4 million from some of the biggest names in fashion and retail investing which includes Chris Burch of Burch Creative Capital, Ben Lerer, the founder of Thrillist Media Group and JackThreads; Blair Lambert, who is the brains behind Gymboree; Brian Spaly of Trunk Club and Bonobos; Vera Bradley chairman Bob Hall; and venture firms Rothenberg Ventures and IDG Ventures.

Series B

San Carlos food company NatureBox Inc. has gained $18 million in a Series B investment led by Canaan Partners. Current backers SoftBank Capital and General Catalyst Partners also participated. “The company shipped 50K orders in its first year and experienced 20X growth in 2013 with 1 million orders shipped,” according to a press release.

Series C

Julep has secured $30 million in a Series C funding round from new backers Madrona Venture Group, Azure Capital and Altimeter Capital. Current funders Maveron and Andreessen Horowitz contributed. Total backing behind the Seattle-based beauty company comes to $56 million. Julep’s revenues from e-commerce sales increased by 3x last year, according to a press release.

Rocket Internet’s real estate company Lamudi has raised $7 million in funding, according to Tech in Asia. Tengelmann Ventures invested. According to a recent press release, Lamudi has racked up more than 1 million monthly visitors.

Funding

Wireless network antenna technology company Quintel has received $10 million in funding led by Trillium International. A “key strategic partner” contributed as well. The new funding for the Rochester-based company will help the company speed up growth and escalate delivery competency to hit its 400 percent year over year growth rate, says a press release.

According to report by Techcrunch, Stealth startup, Brigade Media has raised $9.3 million from Sean Parker of Facebook fame, along with unknown sums from Ron Conway and Marc Benioff.

Rocket Internet‘s real-estate classifieds platform, Lamudi, which operates in 21 markets in Asia, Africa, the Middle East and South America, has closed a $7 million funding round aimed at beefing up its operations in Asia.

M&A

Ipreo Holdings LLC will be picked up by private equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division, according to a press release. The seller: Kohlberg Kravis Roberts & Co. L.P., which will keep a minority share of Ipreo. The New York company delivers marketing intelligence and workflow services. Terms of the deal were not revealed.

Google has acquired Titan Aerospace, the drone startup that makes high-flying robots. The details of the purchase weren’t disclosed. Facebook had recently disclosed its own purchase of a Titan Aerospace competitor Ascenta for its globe-spanning Internet plans.

Native advertising company Adyoulike acquired Content Amp. According to Rude Baguette, the British company was acquired for $2.5 million.

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myWebRoom Picks Up $2.8M million in seed funding

mywebroom

myWebRoom today announced the live launch of myWebRoom.com from its beta testing period. myWebRoom.com is a platform for creating and assembling visual collections of products, websites and people in uniquely personalized spaces called WebRooms. The announcement follows myWebRoom’s recent $2.8 million Seed funding.

“During our beta we saw tens of thousands of people create personal visual profiles on myWebRoom.com, and populate their WebRooms with their favorite products and online content,” commented Artem Fedayaev, co-founder and co-CEO of myWebRoom. “With over 2.8 million WebRoom variations already possible, it has been amazing to see our beta attract and engage so many. Now we are putting out the welcome mat to everyone and anyone excited to experience their homepage and the Web as a more fleshed out visual interface.”

myWebRoom represents a step forward in the way we visually explore the Web. Along with a 3D sensibility, myWebRoom makes the online experience more personal and organized, as objects within a WebRoom are also clickable and intuitive gateways to Web services, content and social connection. Phones, televisions, couches, artwork, etc., are also direct links to entertainment, apps, magazines, shopping and more. Each personalized WebRoom is completely customizable and accessible via Web and mobile devices. The visual nature of the interface also makes myWebRoom content universally recognizable and easy to share with a global audience, without translation.

myWebRoom is ideal for consumer brands and content partners looking for meaningful new ways for potential customers to interact with their products. Just out of beta, myWebRoom already works with many partners in the home design and furniture categories, with a growing selection of fashion accessories, games and media content. Partner items are used to populate WebRooms, and are simply accessed through the Designer tool. Big brands such as SONY offer visual content from their latest personal electronic products, while Room and Board offers images of popular home decor. This content introduces users to new merchandise and helps brands determine product preferences. Boutique designers and retailers, such as Funky Furniture, also provide content for couches, chairs, rugs etc. to build brand awareness and ensure that users and potential customers are engaging with their products while building WebRooms that reflect their unique personalities. And yes, myWebRoom.com users are able to follow links to purchase their virtual objects in the real world.

“This new kind of merchandising shortens the buying cycle,” comments Kania Edelberg of Funky Furniture. “myWebRoom is as personal as it gets. People aren’t just bookmarking the product and seeing, they are actually placing it in his or her chosen environment. We are pleased to have the opportunity to see potential customers interact with our custom products. Each placement in a WebRoom is an endorsement.”

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Crittercism Announces $30 Million Funding to Accelerate Leadership in Mobile Performance Management Market

crittercism logo

Crittercism, a leader in mobile App Performance Management (mAPM), today announced a $30 million round of funding to build out its suite of enterprise services and continue growing its presence internationally. The Series C round is led by Scale Venture Partners, with participation from InterWest Partners, and brings Crittercism’s total funding to more than $48 million. VMware, the leader in virtualization and cloud infrastructure solutions, is also participating in this investment round, underscoring the importance of this market given its recent acquisition of AirWatch, the leading provider of enterprise mobile management and security solutions. Accenture, one of the world’s leading organizations providing management consulting, technology and outsourcing services is also participating. The company’s existing investors include Google Ventures, Opus Capital and Shasta Ventures. As a part of the funding round, Andy Vitus, Partner at Scale Venture Partners, will join Crittercism’s board of directors. Vitus joins board members including Rich Miner, Google Ventures; Jason Pressman, Shasta Ventures; Dan Avida, Opus Capital; and Jayaram Bhat.

Designed specifically for mobile apps and environments, Crittercism provides a full suite of application performance management solutions for consumer, B2B and employee-facing enterprise applications to help businesses better diagnose performance of mobile apps to deliver the best experience possible to their users. The company has achieved significant growth during the past 12 months and is one of the fastest-growing mobile app management companies in the world. Its services are used to monitor the performance of tens of thousands of mobile apps across more than one billion monthly active users.

“The mobile app landscape has become increasingly more complex and fragmented, creating entirely new sets of challenges for Ops, IT and development teams,” said Andrew Levy, Co-Founder and CEO of Crittercism. “This investment gives Crittercism the opportunity to take our operations to the next level, accelerate our enterprise offerings and bolster our capabilities to scale the business internationally.”

“Mobile applications have become a cornerstone for the enterprise, creating a significant market opportunity to support these applications. Crittercism is empowering enterprises to deliver better apps for critical business functions,” said Andy Vitus, Partner at Scale Venture Partners. “I’m excited to be joining such an accomplished Board and look forward to helping Crittercism expand its footprint.”

New Enterprise Services to Support End-to-end Management and Zero-touch Monitoring of Mobile Applications

Amidst the rise in enterprise application development and growing popularity of mobile workforces, today Crittercism has announced an enterprise-grade API to enable mobile operations to integrate Crittercism mobile performance data to their existing dashboards and server monitoring solutions to create end-to-end application management views. The API is an integral component in transforming raw data into actionable information.

“With nearly 70 million app downloads and nearly 50 percent of Groupon’s transactions occurring through mobile devices, it’s important for a company of our size and scale to have the ability to constantly monitor our mobile applications around the world,” said Mike Burton, Android Engineering Manager at Groupon. “Crittercism provides us with the real-time results we need to provide the best possible experience for our customers and merchants on this growing platform.”

“Mobile is the new front line of technology innovation and monitoring application performance in mobile environments is vitally important for businesses,” said Shekar Ayyar, VMware Senior Vice President, Strategy and Corporate Development. “We are delighted to invest in innovative companies like Crittercism that are becoming part of the VMware AirWatch ecosystem.”

Crittercism also announced the addition of a zero-touch App Wrapping solution, the process of managing and monitoring a mobile app without requiring code level access to an application. Today, more than 80 percent of enterprise apps are outsourced to third-party developers. With App Wrapping, IT Operations teams can apply performance management capabilities to a mobile app without a development team integrating an SDK and adding code to their app. The solution provides comprehensive management of mobile apps and complements the Crittercism SDK offering to provide full flexibility to customers for app performance management. Lastly, Crittercism App Wrapping can be combined with other enterprise app wrapping solutions to provide, for the first time, data on quality of new app releases. Crittercism’s app wrapping service will be available for all developers in the next few weeks.

“In today’s market, many enterprises are outsourcing the development of their mobile apps. This means mobile teams do not have access to the application code, leaving little recourse other than submitting a support request to the application provider when performance issues are detected. Crittercism’s App Wrapping service enables companies to monitor these third-party apps with no code changes, preventing costly rollbacks and additional customer support as a result of underperforming applications,” continued Levy.

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Savioke Secures Seed Funding From AME Cloud Ventures, Google Ventures and Morado Venture Partners

savioke logo

Savioke today announced that it has raised $2 million in seed financing from lead investor Morado Venture Partners, along with AME Cloud Ventures, Google Ventures, and individual investors.  Savioke will use the funding to further develop its inaugural robot, focusing on the services industry.

CEO Steve Cousins and the team at Savioke established the company in 2013. Cousins was previously president and CEO of the personal robotics pioneer Willow Garage, where he oversaw the creation of the robot operating system (ROS), the PR2 robot, and the open source TurtleBot. In the last three years of his tenure at Willow Garage, Cousins also managed the successful spin-off of eight different robotics companies.

“We are passionate about delivering easy-to-use yet sophisticated robots that can help people. Our goal is to improve the lives of people by developing and deploying robotic technology in service environments.”

— Steve Cousins, CEO of Savioke

“There’s a unique entrepreneurial excitement surrounding Silicon Valley’s robotics industry today, and much of that is due to the efforts of the team at Savioke. As the market for service robots continues to grow, AME is pleased to offer our support to Savioke.”

— Jerry Yang, Founding Partner at AME Cloud Ventures

“As the lines continue to blur between industrial and personal robotics industries, Google Ventures is thrilled to be working with an exceptional group of people at Savioke. Steve and his team already have had a lot to do with moving the robotics industry forward. The next act promises to be even more revolutionary.”

— Andy Wheeler, General Partner at Google Ventures

“In Savioke, we see an exceptional team focused on a substantial problem. They have a unique vision for bringing autonomous service robots to market, and the technology chops and proven track record to build an outstanding robot.”

— Ash Patel, Managing Director at Morado Venture Partners

The Savioke team includes a wide variety of experts in the field of robotics, business, and design, including robot hardware and software.  The company’s robot will utilize and build upon ROS, the open source robot operating system.

Savioke plans to begin customer trials later this year.