FORT Robotics Raises $25M in Series B Funding

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FORT offers a number of hardware solutions, such as Vehicle Security Controller, Nano Security Controller, and Endpoint Controller. | Source: FORT Robotics

STRONG Robotics announced that it raised $25 million in a Series B funding round. The round was led by Tiger Global.

FORT plans to use the funding to accelerate the deployment of its machine communication platform, the FORT Platform, expand the functionality of its platform, and improve the new security offering to meet growing end-user demands.

The FORT platform aims to make autonomous machines safer and more secure. It enables highly reliable communication to, from and between machines by merging functional safety and cybersecurity principles. All messages sent with the platform are fast, accurate and secure.

“Intelligent machines are transforming the world, but with them come unprecedented security risks,” said Samuel Reeves, founder and CEO of FORT. “There is a massive need for these machines to communicate reliably, and this is something that has not yet been addressed in the industry. This investment will allow us to evolve to meet the demands of the next generation of intelligent machines. »

The FORT platform is the foundation for FORT’s hardware solutions, which are used by customers like Agility Robotics, Hexagon and Moog. FORT’s hardware solutions include a wireless emergency stop that instantly shuts down machines remotely, secure remote controls that take manual control of stand-alone machines, and a vehicle security controller that can act as an entry, exit, or bridge.

“Trust in machine communications is vital as the number of autonomous systems deployed in the real world grows exponentially. FORT’s platform is already used by some of the biggest names in automation, and we’re excited to be part of their continued growth,” said Griffin Schroeder, Partner at Tiger Global.

In total, the company raised $41.5 million, its last funding round closed in March 2021 and totaled $13 million. Lemnos, GRIDS Capital, Creative Ventures, Compound, Prologis and Funders Club also participated in the financing.

Along with the funding, FORT announced that Sineesh Keshav, Managing Director and Chief Technology Officer at Prologis, will join FORT’s Board of Directors.

“Through Prologis Ventures, we are focused on supporting innovative and game-changing companies like FORT,” Keshav said. “Over the years, a lot of work has gone into protecting networks, users and critical company data from cyber threats. I’m excited to join FORT’s Board of Directors and help support the company’s work to extend the existing boundaries of cybersecurity to the smart machine landscape by utilizing their deep experience in machine security as a unique differentiator.

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