TechCrunch USA: MakerBot is 10 million dollars in funding from Foundry group, Angels

Tuesday, October 4, 2011

MakerBot is 10 million dollars in funding from Foundry group, Angels

Devin Coldewey is a Seattle-based writer and photographer. He wrote for the TechCrunch network since 2007. Some posts, it would like you to read: the perils of externalization of knowledge | Generation I | Surveillant society | Select two | Frame war | Custom manifest | Our great sin his personal ????-coldewey.cc. ? Read More

MakerBot industries, maker of home 3D printers, today announced the $ 10 million in financing a number of investors, mostly from the Foundry group. Also during the tour included Bezos expeditions, true ventures and RRE, along with a dozen or so Angel investors.

The company started in 2009, with about 75,000 $ starting capital, and then put together and sold approximately 5200 their compact construction machines. We've seen them in action at the very first disrupt NYC TechCrunch, and since they were commonplace in this blog. MakerBot Brad Feld just added them to the Council and now hiring.

Hardware facilities is difficult to load, but the founder of the Bre, thinks that we will see many hardware startups in the next few years. Although services and software, typically offer faster scaling and therefore more immediate benefits, there is a place for devices and accessories in the world, especially if they are unique. MakerBot to impress, but competition from the manufacture of postal services like Shapeways barrier for entry into their self-powered 3D printing world is still quite high. Home business is changing and competitors (don't tell imitators) will see the possibility of a brute-force attack on the MakerBot in design and offer more speed, materials, etc.

Nevertheless, the possibility to get the size of a microwave rapid prototyping machine to thousands of dollars is one of these characters once, when we, as a rule, unfair play. It's absolutely amazing that this is possible, in the first place, but the realities of business may not allow it to grow rapidly, tech industry, as a rule, find interesting.

More information on financing, as well as links to various Angels involved can be found for the MakerBot's blog.

Financial organizations:
FOUNDRY GROUP

Foundry group is a venture company focused on investing in early stage information technology, Internet and software startups. Their passion is working with entrepreneurs to give birth.