6 River Systems Inc said Tuesday that it raised $6 million in seed funding led by Seth Winterroth of early-stage venture fund Eclipse. Also participating was iRobot. Boston-based 6 River provides fulfillment automation for e-commerce and retail operations.
March 29, 2016 12:07 PM Eastern Daylight Time
BOSTON–(BUSINESS WIRE)–6 River Systems, Inc. (6RS) announced today that it has secured $6 million in Series Seed funding. The round was led by Seth Winterroth of early-stage venture fund Eclipse and includes participation from iRobot. The funding is expected to support the expansion of the 6RS engineering team and to support customer pilots already in progress.
Jerome Dubois, Rylan Hamilton, and Christopher Cacioppo founded 6RS in 2015. Dubois and Hamilton are former executives of Kiva Systems (now Amazon Robotics), a Boston-based mobile robotics company acquired by Amazon.com, Inc. in 2012 for $775 million. Lior Susan, Eclipse Founder and General Partner, has joined the 6RS Board of Directors.
6RS targets the e-commerce market, which is underserved by existing material handling vendors. The 6RS fulfillment system significantly reduces the capital needed to automate fulfillment centers and provides significant labor savings. Talking about partnership with 6RS, Seth Winterroth said, “The acquisition of Kiva left a void in this space that has yet to be filled. This, coupled with rapid growth in e-commerce globally, has resulted in a need for next-gen automation tools. We are pleased to be partnering with a world-class team that has significant experience implementing supply-chain solutions that enhance fulfillment operations.”
About 6 River Systems, Inc.
The mission of 6RS is to redefine fulfillment automation for e-commerce and retail operations. 6RS was founded in 2015 by former Kiva Systems and Mimio executives and is based in Boston. The company is currently working with select customers on pilots.
Launched in 2015, Eclipse is an early-stage venture firm working with start-ups harnessing the combined power of hardware, software, and data to build modern systems companies of the future. Eclipse partners with solutions-focused entrepreneurs, tackling highly complex challenges in typically offline industries. The Eclipse team has deep experience in both investing and operations, with a particular focus on manufacturing, supply-chain, and logistics―meeting the unique and unmet needs of today’s systems companies. Eclipse has, to date, invested in 23 companies and is based in Palo Alto, CA.