Cobalt Robotics closes $13 Million in series A funding 

 April 2, 2018

By  Mike Oitzman

Cobalt Robotics, a Palo Alto, California-based developer of indoor robots for security, raised $13m in Series A financing last week.

The round was led by Sequoia with participation from Founders Fund, Storm Ventures, Promus Ventures and Bloomberg Beta, and others. In conjunction with the funding, Alfred Lin, a partner at Sequoia, joined Cobalt’s board of directors.

The company intends to use the funds to continue to expand to new cities, extend its engineering & operations teams and bring high level of customer service and performance to new markets.

Co-founded by Dr. Travis Deyle, CEO, and Erik Schluntz, CTO, Cobalt provides a SaaS based security service that combines advances in autonomous cars, machine learning, anomaly detection, and 2-way telepresence to allow a remote guard to be in many locations at once, providing high-level human intelligence, rapid situational awareness, real-time responsiveness, and accountability, enabling security personnel to be in the right location at the right time.

About the author 

Mike Oitzman

Mike Oitzman brings 25 years of product management and product marketing experience to the role of publisher and editor for Mobile Robot Guide. Mike is a respected expert in the mobile robot market and is a frequent panel leader and speaker at events and tradeshows.

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