Wednesday, December 1, 2010

Bezos-Backed Heartland Robotics Raises Another $20 Million

Heartland Robotics today announced that it raised $20 million in a series B venture round led by Highland Capital Partners. Other investors include Sigma Partners and existing investors Bezos Expeditions and Charles River Ventures. The Boston-based company previously raised $7 million in August, 2009. The founder of Heartland Robotics is Rodney Brooks, a former AI reseracher at MIT and one of the co-founders of iRobot. Instead of making robot vacuum cleaners, time around Brooks is developing a new class of manufacturing robots. I normally don't quote from a press release, but this Brooks quote sounds like something straight out of an Isaac Asimov novel:

BHARTI AIRTEL BT GROUP CANON MEMC ELECTRONIC MATERIALS

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