Tuesday, June 3, 2014

Grabit Picks Up New Funding

Santa Clara-based Grabit, a developer of materials handling technology, said this week that it has raised a new round of funding. The funding came from Flextronics Lab IX and Draper Nexus Ventures. The company's technology is used for handling such things as circuit boards, industrial robotics, and warehouse systems. Grabit is led by Charlie Duncheon. More information »