Tech Company Financing Transactions

Chumby Industries Funding Round

Chumby Industries, based in San Diego, secured $12.5 million from JK&B Capital, Avalon Ventures and Masthead Venture Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B
Proceeds Purpose
The Series B financing will be used to accelerate growth of the company, and expand and broaden the Chumby Network to other screen-based Internet connected devices.

Company Information

Company Status
Out of Business
Mailing Address
12264 El Camino Real 203
San Diego, CA 92130
Email Address
Introducing the chumby, a compact device that can act like a clock radio, but is way more flexible and fun. It uses the wireless internet connection you already have to fetch cool stuff from the web: music, the latest news, box scores, animations, celebrity gossip...whatever you choose. And a chumby can exchange photos and messages with your friends.
Chumby Industries LinkedIn Company Profile
Social Media
Chumby Industries Company Twitter Account
Company News
Chumby Industries News
Chumby Industries on Facebook
Chumby Industries on YouTube

Management Team

Email & Social
Chief Executive Officer
Derrick Oien
  Derrick Oien LinkedIn Profile  Derrick Oien Twitter Account  Derrick Oien News  Derrick Oien on Facebook
Chief Financial Officer
Bruce Worman
  Bruce Worman LinkedIn Profile  Bruce Worman Twitter Account  Bruce Worman News  Bruce Worman on Facebook
Andrew Huang
  Andrew Huang LinkedIn Profile  Andrew Huang Twitter Account  Andrew Huang News  Andrew Huang on Facebook
Duane Maxwell
  Duane Maxwell LinkedIn Profile  Duane Maxwell Twitter Account  Duane Maxwell News  Duane Maxwell on Facebook
Ken Steele
  Ken Steele LinkedIn Profile  Ken Steele Twitter Account  Ken Steele News  Ken Steele on Facebook



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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


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