Xometry, a Gaithersburg, Md-based on-demand manufacturing marketplace, secured new funding of undisclosed amount.
Backers included GE Ventures and Highland Capital Partners.
The company, which has raised $23m in total funding, intends to use the funds to accelerate investment in its software platform powering its manufacturing partner network.
Led by Randy Altschuler, co-founder and CEO, Xometry operates an e-commerce platform that connects small to medium sized manufacturers (SME) to customers in key American industries, including aerospace, automotive, defense, medical, technology and telecommunications.
The nationwide network’s manufacturing partners fulfill orders placed through the online platform, which instantly provides pricing, lead times and manufacturability feedback.
Xometry has over 4,000 customers and a nationwide network of manufacturing partners across 35 states.
FinSMEs
01/02/2017