Tech Company Financing Transactions
SoftWear Automation Funding Round
SoftWear Automation, based in Atlanta, secured $4.5 million from CTW Venture Partners.
Transaction Overview
Company Name
Announced On
6/12/2017
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Undisclosed
Investors
CTW Venture Partners (KP Reddy)
Proceeds Purpose
The funding will accelerate the company's development of fully automated sewn good worklines specifically for apparel production in the United States. Additionally, the company plans to add 20 employees to keep pace with growing customer demand.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
665 8th St. NW
Atlanta, GA 30318
USA
Atlanta, GA 30318
USA
Phone
Website
Email Address
Not Recorded
Overview
SoftWear Automation strives to be the first & sole supplier of general case robotic sewing machines that are capable of automatically cutting and sewing garments both accurately and reliably.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Palaniswamy Rajan
Chief Financial Officer
John Lee
Chief Technical Officer
Michael Baker
Chief Technical Officer
Barrett Clark
VP - Bus. Development
Peter Santora
Browse more venture capital transactions:
Prev: 6/12/2017: Revolution Foods venture capital transaction
Next: 6/12/2017: Sgrouples venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs