LittleBits Obtains $3,650,000 New Financing Round

  • Feed Type
  • 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
  • Venture Investor
    True Ventures
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    O’Reilly AlphaTech Ventures
  • Venture Investor
    Lerer Ventures

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