A California startup company with some big names behind it announced Wednesday that it is moving to Lincoln.
Ink Labs, which makes a “smart” printing kiosk, already moved into new digs at Fuse Coworking in the Haymarket earlier this week.
Ink is the brainchild of its founder and CEO Jonathan Manzi. Manzi, who has been called America’s youngest millionaire after amassing $1 million in net worth a decade ago at age 16, started Ink while still a student at Stanford University.
Ink’s signature product is the Ink Smart Station, a digital kiosk that allows people to print, copy and scan documents from any device and from anywhere.
Ink did its first pilot test of the device on the University of Nebraska-Lincoln campus last August and has since partnered with another dozen universities.
That’s one of the big reasons the company decided to move its headquarters to Lincoln.
Another is that it just closed a $6.65 million seed funding round that includes investment from local entities Nelnet, Speedway, the Nebraska Angels and Invest Nebraska. Also participating in the round was VTF Capital, which was founded by Zappos.com CEO Tony Hsieh. Earlier investors and backers of the company included Gregg Kaplan, co-founder and former CEO of Redbox.
Ink said in a a news release that it expects the investment, which is more than triple the amount of money it previously had raised, to lead to rapid growth. And since Nebraska is one of the fastest growing states when it comes to high-growth startup funding, it makes it a natural fit the company.
“Lincoln, Nebraska, affords Ink with the ability to attract smart, young, loyal talent at scale and offer them a superlative proposition for quality of life,” Manzi said in the news release.