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And, it was only two short years...<a class="vbp-toggle-more tradevibes_toggle_button discovery_interesting" onclick="tradevibes_toggle_description(event);">More&raquo;</a></p>\n\t\t\t<p class="vbp-description vbp-description-long vbp-hide tradevibes_hidden">In 2002, after several years of intensive research and development to create the perfect automated store, Gower Smith, a serial entrepreneur, founded ZoomSystems. And, it was only two short years later, in 2004, that ZoomSystems partnered with the world market leader in automated delivery hardware and invested heavily to develop the proprietary and patented software that operates each ZoomShop.<br/><br/>In October 2006, ZoomSystems closed $35 million in a Series D financing round from Sierra Ventures, NeoCarta Ventures, Motorola Ventures and Goldman, Sachs &amp; Co. In the same month, ZoomSystems entered into an agreement with Federated Department Stores to test more than 100 ZoomShops within retail giant Macy\u2019s.<br/><br/>Today, ZoomShops are open in over 650 locations across the U.S., as ZoomSystems\u2019 market expansion continues.<a class="vbp-toggle-more tradevibes_toggle_button discovery_interesting" onclick="tradevibes_toggle_description(event);">&laquo;Less</a></p>\n\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Overview</h5>\n\t\t\t\t<p><strong>Location:</strong> \tSan Francisco, CA, United States\n</p>\n\t\t\t\t<p><strong>Industry:</strong> Retail</p>\n\t\t\t\t<p><strong>Tags:</strong>\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=software">software</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=vending+machine">vending machine</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=macys">macys</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=automated+store">automated store</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=sony">sony</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=Electronics">Electronics</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=retail">retail</a>,\n\t\t\t\t<a href="http://venturebeatprofiles.com/company/tag_list?tag=macy%27s">macy\'s</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Financials</h5>\n\t\t\t\t<p><strong>Latest Funding:</strong> Series D - $35M (10/24/2006)</p>\n\t\t\t\t<p><strong>Investors:</strong>\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/person/profile/bruce-quinnell?src=widget">Bruce Quinnell</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/citicorp-venture-capital?src=widget">CitiCorp Venture Capital</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/enterprise-partners-venture-capital?src=widget">Enterprise Partners Venture Capital</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/goldman-sachs?src=widget">Goldman Sachs</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/jafco-ventures?src=widget">Jafco Ventures</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/keiretsu-forum?src=widget">Keiretsu Forum</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/motorola-ventures?src=widget">Motorola Ventures</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/neocarta-ventures?src=widget">NeoCarta Ventures</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/sierra-ventures?src=widget">Sierra Ventures</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/technology-venture-partners?src=widget">Technology Venture Partners</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/u-s-venture-partners?src=widget">U.S. Venture Partners</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/gray-cary?src=widget">Gray Cary</a>,\n\t\t\t\t\t\n\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/investor/profile/silicon-valley-bank-ventures?src=widget">Silicon Valley Bank Ventures</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\t\t</div><!-- col -->\n\t\t<div class="vbp-right-col vbp-col">\n\t\t\t<div class="vbp-category">\n\t\t\t\t<h5>Market</h5>\n\n\t\t\t\t<p><strong>Related Companies:</strong>\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/techforward?src=widget">TechForward</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/iteya-com-llc?src=widget">Iteya.com LLC</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/escalate?src=widget">Escalate</a>,\n\t\t\t\t\t<a class="discovery_interesting" href="http://venturebeatprofiles.com/company/profile/age-wave-communications?src=widget">Age Wave Communications</a>\n\t\t\t\t</p>\n\t\t\t</div>\n\n\n\t\t</div><!-- col -->\n\t</div><!-- content -->\n\t<p class="vbp-footer">\n\t\t<a href="http://venturebeatprofiles.com/company/profile/zoom-systems?src=widget">Zoom Systems Company Profile</a> powered by <a href="http://venturebeatprofiles.com/?src=widget">VentureBeat Profiles</a>.\n\t</p>\n</div><!-- widget -->\n'
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