Locus Robotics Announces $8 Million in Series A Funding

Published by , May 30, 2016 2:36 am

(PRNewswire) E-commerce fulfillment robotics company Locus Robotics, Inc. announced it has raised $8 million in Series A funding. The round was led by additional funding from seed investors. The new capital will be used to expand product development and go-to-market initiatives.
Locus also announced it has hired Rick Faulk to serve as the Company’s Chief Executive Officer. The Company is heading towards production and sales of its solutions and has appointed Mr. Faulk to lead it in this next stage of growth and development.

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