littleBits goes big, closes $3.65 million funding round
littleBits, makers of the eponymous educational circuitry kits, has announced the close of its series A funding round this morning, having taken in $3.65 million from various investors. True Ventures, funder of companies like MakerBot and FitBit, leads the group, with Khosla Ventures, O'Reilly AlphaTech Ventures, and Lerer Ventures pitching in.
Along with the funding, littleBits has also announced that supply chain and manufacturing firm PCH International will be helping to scale up production.
littleBits kits are made up of a series of electronic modules that connect together with magnets, with a color-coding system to guide assembly. Each … Read more