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Knightscope Nets New Venture Investment

Thursday, November 5, 2015 5:33:00 AM PDT | VentureDeal

   Sunnyvale, California  --  Robotics technology company Knightscope has received $5.1 million in new equity venture investment, according to an SEC filing.

Knightscope has developed a security robot that "serves as front-line guardians - autonomously protecting lives and property within advanced array of sensor technologies."

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Knightscope is still seeking $4.9 million in additional equity investment, according to the filing.

CEO Bill Li has been with the company since April 2013.

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