Tech Company Financing Transactions
LittleBits Funding Round
True Ventures, Khosla Ventures and Lerer Hippeau joined a $3.7 million funding round for LittleBits. The round closed on 7/19/2012.
Transaction Overview
Company Name
Announced On
7/19/2012
Transaction Type
Venture Equity
Amount
$3,650,000
Round
Undisclosed
Investors
True Ventures (Lead Investor) (Jon Callaghan)
Proceeds Purpose
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.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
60 East 11th St. 5th Floor
New York, NY 10003
USA
New York, NY 10003
USA
Phone
Website
Email Address
Not Recorded
Overview
LittleBits is an opensource library of electronic modules that snap together with tiny magnets for prototyping and play.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ayah Bdeir
Browse more venture capital transactions:
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We document every notable VC transaction. VC investment data records on this site come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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