CyPhy Scores More Cash
CyPhy Works, the Boston-area robotics startup led by iRobot co-founder Helen Greiner, has raised an additional $1.2 million in equity financing, according to a regulatory filing. The investors in the round weren’t disclosed, but John Simon and Anita Jones are listed on the form as directors of the company, which was originally called The Droid Works. General Catalyst is an existing investor in CyPhy, which is still in stealth mode but is reportedly working on flying robots (UAVs), among other things. The startup previously raised $1.75 million early last year and won a $2.4 million government research grant in late 2009 to study UAVs.
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