Boom or Bust? 11 Big Bets on the Future of Boston Tech

7/9/12Follow @gthuang

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Rethink Robotics (fka Heartland Robotics)
HQ: Boston, MA
Founded: 2008
CEO: Scott Eckert
Amount raised: $62M
Investors: Charles River Ventures, Highland Capital Partners, Sigma Partners, Bezos Expeditions, Draper Fisher Jurvetson.
What it represents: The future of robots and manufacturing.
Why it wins: New robotics paradigm with potentially game-changing technology and economics—could revolutionize factories.
Why it loses: Manufacturing costs and technology risk; adoption could take a while. (Plus I liked the old name better.)
Photo courtesy of Rethink Robotics

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and Editor of Xconomy Boston. E-mail him at gthuang [at] Follow @gthuang

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  • Great piece, Greg. Thanks for the props, and the warning. Worth noting… Actifio is radically simple copy data management. We stop the data storage explosion lots of businesses are struggling with right now by addressing its root cause: the siloed data protection and availability apps creating, moving, and storing copy after copy of everything in production. Think backup, snapshot, disaster recovery, test & dev, etc. We replace all that complexity and expense with a storage appliance that creates a single, golden copy of everything in production, and tracks changes to it over time. The result is a single, simple, elegant system that lets you recover any thing from any time instantly for up to 90% less than you’re paying today. It’s really not that hard to understand, we just need to do a better and more consistent job explaining it. I promise we will.

  • gthuang

    Thanks, Mike. I suspect your customers get the concept right away. It’s just one of those things that’s hard to write about in the mainstream press. You guys are building a very interesting company—definitely one to watch closely.