Xometry Secures New Funding
Summary
Xometry, a Gaithersburg, Md-based on-demand manufacturing marketplace, secured new funding of undisclosed amount.Backers included GE Ventures and Highland Capital Partners.The company, which has raised $23m in total funding, intends to use the funds to accelerate investment in its software platform powering its manufacturing partner network.Led by Randy Altschuler, co-founder and CEO, Xometry operates an e-commerce platform that connects small to medium sized manufacturers (SME) to customers in key American industries, including aerospace, automotive, defense, medical, technology and telecommunications.Xometry has over 4,000 customers and a nationwide network of manufacturing partners across 35 states.
Funding
Amount
$14.2M
Total raised
Date
February 1, 2017
Announcement date
Investors
GE Ventures, Summer@Highland
Lead investors
Company
https://www.xometry.com
Funded company
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