Rize Raises $4M in Seed Funding
Summary
Rize Inc., a Woburn, MA-based maker of 3D printing technology for industrial desktop machines, raised $4M in seed funding.Backers included Longworth Venture Partners and SB Capital.Co-founded by Eugene Giller and Leonid Raiz and led by Frank Marangell, President and CEO, Rize leverages patented APD (Augmented Polymer Deposition) technology to provide an industrial-class 3D printing platform, Rize One, which can be used across a wide variety of commercial applications, including prototyping, production parts and tooling, fixtures and jigs.The technology powering Rize One also is adaptable to allow for the use of other materials that have various part properties – creating a wider spectrum of applications.FinSMEs 20/07/2016
Funding
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