MakerBot Industries is an American company that
produces 3D printers.
Based in Brooklyn, New York, MakerBot was founded by Adam Mayer, Bre Pettis and
Zach Smith in 2009. Smith was one of the co-founders of RepRap Research
Foundation, which helped advance the early stage of research in open source 3D
printers.
MakerBot started with its shipment of kits in
2009. That year, the demands for the kits were so great that MakerBot started
to ask help from kit owners to provide the company with the parts that will
make future MakerBots. By the end of 2011, MakerBot has sold more than 3,500
units.
For its startup years, MakerBot was able to
raise funds of $50,000 from Jake Lodwick and$25,000 from couple Adrian and
Christine Bowyer. In August 2011, The Foundry Group placed $10 million in
MakerBot and subsequently took a seat in the board.
In June 2013, the majority shares of MakerBot
were acquired by Stratasys Inc. for $403 million. The price was based on
Stratasys’ current share value. MakerBot became a subsidiary of Stratasys and
continues to operate as a distinct brand despite the purchase.
MakerBot produces products that are easy to
build. Anyone with basic technical knowledge could assemble MakerBot kits. The
kits are packed as a DIY and the printers require just minor soldering. One
review said, building MakerBot kits is as complicated as assembling IKEA
furniture.
At present, MakerBot’s printers are using high density
polyethylene, acrylonitrile butadiene styrene, polyvinyl alcohol, and
polylactic acid. Using MakerBot printers is relatively cheaper when compared
with other 3D printers. MakerBot has set up the best support staff that
responds to technical problems. Its hobbyist community also provides the needed
peer support for users.
However, like any product sold in the market,
MakerBot printers have their downsides too, such as its small build envelope.
Its support materials are the same with its build materials.
MakerBot is implementing a continuing product
innovation. In fact, while its printers are sold in the market, MakerBot is
simultaneously doing upgrades. The upgrades did not even have to get out of the
factory as product enhancements. Upgrades usually end up as improvements or
redesigns of prior models.