3D Robotics (3DR), a US-based additive manufacturing company, has raised more than $5m from a consortium including publisher O’Reilly Media’s corporate venturing unit.
Alongside O’Reilly AlphaTech Ventures (OATV) in the round were venture capital firm True Ventures and angel investor Chris Michel. Bryce Roberts, partner at OATV, will join 3DR’s board.
The investment came a week after Chris Anderson, the editor of Wired magazine, said he would step down to be chief executive of 3DR.
Anderson said: “With me joining as CEO and the funding round, we’ll be growing the company quickly. We’re now at 40 people, but will be hiring more hardware and software engineers in San Diego and sales, marketing and community management people in the Bay Area (probably in the Berkeley/Emeryville area [of California]).”