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SAN MATEO, Calif.— Cobalt Robotics, a physical security service provider that builds indoor autonomous robots, announced that it has raised $35 million in Series B financing led by global technology investment firm, Coatue.

“Our newest round of funding enables Cobalt to expand our footprint in new geographic locations and provide robots to more customers throughout the United States,” Cobalt CEO Dr. Travis Deyle told Security Systems News. “Our business model is designed to provide customers with quick and reliable service for upgrades and maintenance. As such, it’s important that we focus on key geographic markets to ensure top-level customer service.”

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