![]() This story has been updated to reflect the total total Series A and seed funding. He sees Cobalt's robots helping large employers and facilities to fill in the gaps.Īnother early Cobalt backer, Storm Ventures Partner Paul Willard, said he expects the company to use its new capital for hiring, production and to add new capabilities to its machines.įounders Fund, Bloomberg Beta and other investors also participated in the series A investment. "It's not just the utility of the thing," the investor said, "it's very empathetic, not like a PA system that's blaring at you with mics and cameras recording your every move."įollowing terrible mass shootings and other related incidents, Lin says, commercial building operators have been under pressure to ramp up security, but they can't always afford all the full-time, human guards they want. Lin backed Cobalt, he said, because its robots can help companies ensure the physical safety of their employees and facilities without constantly surveying them the way CCTV cameras would do. The new, $13 million round brings Cobalt's total funding to $16.5 million to date. Sequoia led Cobalt's latest funding round, and partner Alfred Lin is joining the start-up's board of directors. ![]() The idea is to let machines do what they're good at and people do what they're good at." But Deyle fell back in love with robotics, after teaming with CTO Erik Schluntz, an engineer who turned down a gig at SpaceX to chase entrepreneurial dreams.ĭeyle explained, "Our system provides one person with situational awareness across an entire space at one time. When he left Google X, he wanted to build a pure software business and avoid the cost of manufacturing hardware. ![]() But Deyle actually stayed away from that, trying to expand his horizons while he was there. Fuseproject helped create the look and feel of the Cobalt, which is more like consumer hardware than a piece of office equipment.ĭeyle founded Cobalt in 2016 after a stint working on a smart contact lens project for Google X, the search giant's experimental research lab.Īt one time, Google X included a large robotics business. ![]() Personal Loans for 670 Credit Score or LowerĬNBC caught up with Cobalt Robotics CEO and co-founder Travis Deyle to see the machines in action at Fuseproject, the design studio of Yves Behar. Personal Loans for 580 Credit Score or Lower About Cobalt The Cobalt Visitor Management and Escort integration enables your Cobalt robot to act as a visitor management kiosk during scheduled hours of. This year, Cobalt introduced its new door integration capability that enables robots pass through areas closed off by a door using wireless technology to communicate with access control readers.Best Debt Consolidation Loans for Bad Credit ![]() The company has deployed security and facilities management services to clients in various sectors (Technology, Defense, Finance, and Manufacturing) across a variety of organizational sizes (small startups to marquee Fortune 50 companies). Travis Deyle, CEO, Cobalt has developed a Robots-as-a-Service model which combines autonomous patrolling robots with human specialists, enabling organizations to provide a 24-hour security solution that complements existing security assets like manned security guards and access control systems (ACS). The company intends to use the funds for geographic expansion of services throughout the domestic United States. Cobalt Robotics, a San Mateo, Calif.-based physical security service provider that builds indoor autonomous robots to make security and facility operations effective, raised $35m in Series B financing. ![]()
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