Cobalt Robotics Secures $35M in Series B Funding

Cobalt-Release-LogoCobalt Robotics, a San Mateo, Calif.-based physical security service provider that builds indoor autonomous robots to make security and facility operations effective, raised $35m in Series B financing.

The round was led by Coatue.

The company intends to use the funds for geographic expansion of services throughout the domestic United States.

Led by Dr. Travis Deyle, CEO, Cobalt has developed a Robots-as-a-Service model which combines autonomous patrolling robots with human specialists, enabling organizations to provide a 24-hour security solution that complements existing security assets like manned security guards and access control systems (ACS). The company has deployed security and facilities management services to clients in various sectors (Technology, Defense, Finance, and Manufacturing) across a variety of organizational sizes (small startups to marquee Fortune 50 companies). This year, Cobalt introduced its new door integration capability that enables robots pass through areas closed off by a door using wireless technology to communicate with access control readers.



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