- Xometry, a Gaithersburg, Md.-based on-demand manufacturing marketplace, completed an $75M equity funding
- The round was led by funds and accounts advised by T. Rowe Price Associates, Inc
- Following a $55M Series D in 2019, this new funding round brings Xometry to $193M in total funding since its founding in 2013
- Then the company intends to use the funds to accelerate business growth through investments in its software platform, new products, and other initiatives
- Xometry also announced that Jim Rallo has joined the company as Chief Financial Officer
- Xometry acquired Munich-based Shift in December 2019 as part of its global expansion strategy
