Robotics & Automation News

Market trends and business perspectives

Archives for February 23, 2016

Autonomous Marine Systems raises $1.6m in latest funding round

by

ams datamaran
The AMS Datamaran could theoretically stay at sea for many years as it is both self-righting and solar-powered

Autonomous Marine Systems has raised $1.6 million in its latest funding round. The company says the investment will “allow us to deploy an additional $1.9 million in matching grants from the Commonwealth of Virginia that we won in 2015”.

The round included participation from the Clean Energy Venture Group, Fontinalis Partners, Industrial Investors Group, Signal Ventures, I2BF Global Ventures, Texas HALO Fund, and several angel investors.

“This is an all-star group of investors who know the maritime industry and share our vision for the company,” says AMS in its newsletter. “We’re thankful for all their support. The team is pumped and ready to go.”  [Read more…] about Autonomous Marine Systems raises $1.6m in latest funding round

DataRobot outgrows Boston headquarters

by

Boston Financial and Waterfront Business Districts
Boston Financial and Waterfront Business Districts

Customer and staff growth has prompted DataRobot to move to new offices in the financial district which are ten times larger than the company’s previous location.

DataRobot said the expansion had necessitated the relocation of its Boston headquarters from its original location near historic Faneuil Hall to a 31,000 sq ft footprint at One International Place, the city’s gateway to its historic Financial and Waterfront Business Districts.

“DataRobot has met and exceeded numerous sales and staffing growth targets since we founded the company in 2012, creating a pressing need for much more office space,” said Jeremy Achin, DataRobot’s CEO and co-founder.

“In addition to growing Sales, Marketing, Engineering and Customer Care functions, this move also gives us the space to dramatically increase our innovative education programs for bringing practical data science to the masses.” [Read more…] about DataRobot outgrows Boston headquarters