Knightscope, a Mountain View, CA-based maker of security robots, raised over $25m in funding.
Backers included Konica Minolta and Bright Success Capital, plus over 5,000 new investors (via SeedInvest). The company raised approximately $20m through the Reg A+ offering and was oversubscribed by over $5m due to demand. These financings add to the over $14m closed in three previous rounds, bringing the total capital raised since inception in 2013 to $39+ million.
The company will use the funds to continu to expand operations and its business reach.
Led by William Santana Li, chairman and CEO, Knightscope develops advanced physical security technologies focused on enhancing U.S. security operations. Its security robots, which deter, detect and report autonomously, have already helped clients eliminate vehicle break-ins, vandalism and trespassing.