Remote Robotics Management Vendor Gets $4M in Funding

Olis Robotics, a company that produces systems to remotely manage industrial robots, announced a $4.1 million funding round led by PSL Ventures. Additional investors include Tectonic Ventures, Ubiquity Ventures, as well as several prominent strategic angel investors, including robotics pioneer Daniel Theobald, the President and Cofounder of MassRobotics and Founder and Chairman of Vecna Robotics.

The company’s systems allow the remote monitoring, control, and troubleshooting of industrial robots. Such capabilities would make it easier, faster, and less expensive for manufacturers of robotic devices to provide service for their customers. That could positively affect many domestic factories and put a premium on the ability of properties to provide the necessary infrastructure.