3D Robotics Raises $5 Million in Funding

File this one under good timing.

Last week, Wired’s Chris Anderson announced he’s leaving his editor-in-chief post to become 3D Robotics’ full-time CEO. Today, Chris announced that his company secured $5 million in funding. He said the money will allow 3DRobotics to accelerate its growth and expand into new markets. Here’s what Chris had to say on the DIYDrones’ blog (DIYDrones is a subsidiary of 3DRobotics):

The round was led by Jon Callaghan at True Ventures and Bryce Roberts of O’Reilly AlphaTech Ventures [Disclosure: O’Reilly Media, MAKE’s parent company, is a lead investor in O’Reilly AlphaTech Ventures] will be joining the 3DR board.  These are two of the most far-seeing VCs in the Valley, and both are part of the “hardware is the new software” trend, including investments in Fitbit, Makerbot, Littlebits and Instructables. And they share our vision of the power of open source, the Maker movement and personal robotics. Chris Michel, an investor and long-time entrepreneur (and former Naval Flight Officer) will also be joining as an investor and board member.

I’ll be opening an office in the SF Bay Area (“3DR North”), which will focus on sales/marketing and community development. Our San Diego headquarters will continue to be the R&D and engineering center, while our Tijuana manufacturing is expanding to handle more and more of our production. My co-founder, Jordi Munoz, will take over the role of President, overseeing operations.