Tech Company Financing Transactions

Orbotix Funding Round

Orbotix, based in Boulder, received $15.5 million from Foundry Group, Grishin Robotics and Shea Ventures.

Transaction Overview

Company Name
Announced On
5/6/2014
Transaction Type
Venture Equity
Amount
$15,500,000
Round
Undisclosed
Investors

Foundry Group (Brad Feld)

Grishin Robotics (Dmitry Grishin)

Shea Ventures

Proceeds Purpose
Orbotix will use the funding to write the next chapter in the history of human play, while changing the toy industry forever.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
4772 Walnut St. 206
Boulder, CO 80301
USA
Email Address
Overview
We create connected toys, fusing emerging technology with the latest innovations in robotics to offer a new kind of open play experience. With our smart robots and open software we hope to inspire the next generation of inventors and programmers.
Profile
Orbotix LinkedIn Company Profile
Social Media
Orbotix Company Twitter Account
Company News
Orbotix News
Facebook
Orbotix on Facebook
YouTube
Orbotix on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Paul Berberian
  Paul Berberian LinkedIn Profile  Paul Berberian Twitter Account  Paul Berberian News  Paul Berberian on Facebook
Chief Financial Officer
Jim Lejeal
  Jim Lejeal LinkedIn Profile  Jim Lejeal Twitter Account  Jim Lejeal News  Jim Lejeal on Facebook
Chief Marketing Officer
Kelly Geer
  Kelly Geer LinkedIn Profile  Kelly Geer Twitter Account  Kelly Geer News  Kelly Geer on Facebook
Chief Operating Officer
Jim Booth
  Jim Booth LinkedIn Profile  Jim Booth Twitter Account  Jim Booth News  Jim Booth on Facebook
Chief Technical Officer
Ian Bernstein
  Ian Bernstein LinkedIn Profile  Ian Bernstein Twitter Account  Ian Bernstein News  Ian Bernstein on Facebook
Founder
Adam Wilson
  Adam Wilson LinkedIn Profile  Adam Wilson Twitter Account  Adam Wilson News  Adam Wilson on Facebook
VP - Engineering
Spencer Worley
  Spencer Worley LinkedIn Profile  Spencer Worley Twitter Account  Spencer Worley News  Spencer Worley on Facebook
VP - Sales
Joe Houlihan
  Joe Houlihan LinkedIn Profile  Joe Houlihan Twitter Account  Joe Houlihan News  Joe Houlihan on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/6/2014: Laser Light Engines venture capital transaction
Next: 5/6/2014: Droplr venture capital transaction

 

Share this article

 


About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary