Columbus-based READY Robotics Corp. has closed its Series B round with an additional $23 million in funding. The round was led by Canaan Partners, with participation from RRE Ventures, Eniac Ventures, Emerald Development Managers and Drive Capital, as well as new investors Micron Ventures and Greenhawk Capital.
According to PitchBook research, the robotics company has raised more than $41 million to date, since it was founded in 2016. READY was born from cutting-edge robotics research at Johns Hopkins University.
The financing comes at a time when the company’s software is powering automation in factories across the country, from small machine shops to large enterprises.
READY created Forge/OS, an enterprise-grade operating system that controls not only any robot arm from any robot manufacturer, but also all the peripherals needed to make that robot productive in a real world environment. On top of Forge/OS, READY offers productivity apps that provide core functionality to users. Task Canvas, the first of these apps, allows anyone program an automation task with a robot without needing highly specialized knowledge or training.