3D Laser Printer Company Glowforge Raises $22M in Series B Funding

glowforgeGlowforge, a Seattle, WA-based 3D laser printer company, raised $22m in Series B funding.

The round was led by Foundry Group and True Ventures.

Led by CEO Dan Shapiro, Glowforge is a desktop laser that uses subtractive technology to allow designers, artists, and makers to print such products as leather wallets, hardwood jewelry boxes, etc, from dozens of materials including leather, hardwoods, fabric, plastic, paper, and chocolate. Designs can come from any software that can produce a PDF or a picture, such as Adobe Photoshop or Illustrator. Onboard cameras can scan drawings and convert them directly to designs as well.

The company also provides an app that runs on cloud software to enable users to print from any web browser, including a desktop, tablet, or phone.

This round follows a large 30-day crowdfunding campaign last fall, during which Glowforge received $27.9m in pre-orders. In the nine months since the campaign, the company has grown the team from 14 to 33 full-time employees and currently lists more than 20 open positions at Glowforge.com/jobs.

FinSMEs

02/08/2016

 

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