AREVO announces Series B financing and appoints new CEO

AREVO®, the leader in software-controlled additive manufacturing technology, has introduced a new CEO and a USD 12.5 M Series B financing round to usher in the next era of 3D printing and transform the way manufactured products are conceived, designed, built, and maintained.

New CEO Jim Miller oversaw Amazon’s expansion from books, music and video to full-range fulfillment capabilities as vice president of supply chain, ushering in its meteoric rise to USD 6 B in annual revenue and building the foundation for the company. Later, as vice president of worldwide operations at Google, he led the team that planned, built, deployed and operated the infrastructure that powers Google.

Miller’s appointment coincides with the close of USD 12.5 M in Series B financing led by Asahi Glass, with Sumitomo Corporation of Americas, Leslie Ventures and Khosla Ventures. The new financing will help the company build on its groundbreaking R&D success and focus on the full-scale commercialization of its technology across a diverse set of industries such as aerospace, defense, transportation, automotive, consumer electronics, sporting goods, medical, and oil and gas.