Canvas Technology Sells to Amazon
Posted on 04/12/2019
Amazon.com, Inc. acquired Boulder, Colorado-based Canvas Technology. Canvas Technology developer of autonomous robotics for factories and warehouses. Amazon is keen on expanding its robotics portfolio. Formed in 2015, Canvas Technology raised money from investment firms such as Playground Global (led the US$ 15 million Series A round in Canvas), Morado Ventures, Xplorer Capital, and AME Cloud Ventures.
