4moms, a Pittsburgh, PA-based developer and marketer of innovative juvenile products, has raised $20m in funding.
The round was led exclusively by Bain Capital Ventures.
The company intends to use the capital for product development, investments in supply chain and logistics, and global expansion.
Founded in 2005 and led by Robert Daley, CEO, 4moms has introduced innovative robotics technology in baby and juvenile products such as strollers, infant seats and playards.
The company sells its product in over 500 retailers in the U.S. and has distribution in 23 additional countries.