LittleBits Obtains $3,650,000 New Financing Round
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Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=81501c58-f9e1-45c9-a88f-23035da18ec6&Preview=1 -
Date
7/19/2012 -
Company Name
LittleBits -
Mailing Address
304 Hudson St 6th floor New York, NY 10013 -
Company Description
littleBits is an opensource library of electronic modules that snap together with tiny magnets for prototyping and play. -
Website
http://www.littlebits.cc -
Transaction Type
Venture Equity -
Transaction Amount
$3,650,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
With the new funding, Bdeir said they plan to expand the product line with more bits and kits, including specialty kits that can be more mechanical or sensor-based or better suited for younger kids. -
M&A Terms
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Venture Investor
True Ventures -
Venture Investor
Khosla Ventures -
Venture Investor
O’Reilly AlphaTech Ventures -
Venture Investor
Lerer Ventures
