Tech Company Financing Transactions

RE2 Funding Round

On 8/19/2014, RE2 raised $2.3 million in funding from Draper Triangle Ventures and Riverfront Ventures.

Transaction Overview

Company Name
Announced On
8/19/2014
Transaction Type
Venture Equity
Amount
$2,250,000
Round
Undisclosed
Investors

Draper Triangle Ventures (Lead Investor) (Thomas Jones)

Riverfront Ventures

Proceeds Purpose
RE2 plans to use the capital to accelerate development of its robotic manipulator arm technologies and to penetrate new markets including agriculture and health care.

Company Information

Company Status
Acquired or Merged
Industry
Robotics
Mailing Address
4925 Harrison St.
Pittsburgh, PA 15201
USA
Email Address
Overview
Robotics Engineering Excellence (RE2, Inc.), located in Pittsburgh, PA, is a Carnegie Mellon spin-off specializing in defense robotics with an emphasis on intelligent modular manipulation for mobile robotic platforms.
Profile
RE2 LinkedIn Company Profile
Social Media
RE2 Company Twitter Account
Company News
RE2 News
Facebook
RE2 on Facebook
YouTube
RE2 on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jorgen Pedersen
  Jorgen Pedersen LinkedIn Profile  Jorgen Pedersen Twitter Account  Jorgen Pedersen News  Jorgen Pedersen on Facebook
Chief Technical Officer
Keith Gunnett
  Keith Gunnett LinkedIn Profile  Keith Gunnett Twitter Account  Keith Gunnett News  Keith Gunnett on Facebook
VP - Bus. Development
Reeg Allen
  Reeg Allen LinkedIn Profile  Reeg Allen Twitter Account  Reeg Allen News  Reeg Allen on Facebook
VP - Engineering
Timothy Davison
  Timothy Davison LinkedIn Profile  Timothy Davison Twitter Account  Timothy Davison News  Timothy Davison on Facebook
VP - Marketing
Jess Pedersen
  Jess Pedersen LinkedIn Profile  Jess Pedersen Twitter Account  Jess Pedersen News  Jess Pedersen on Facebook
VP - Operations
Douglas Peters
  Douglas Peters LinkedIn Profile  Douglas Peters Twitter Account  Douglas Peters News  Douglas Peters on Facebook
VP - Product Management
Jack Reinhart
  Jack Reinhart LinkedIn Profile  Jack Reinhart Twitter Account  Jack Reinhart News  Jack Reinhart on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/19/2014: Skyera venture capital transaction
Next: 8/19/2014: Lavante venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to document every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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