Orbotix Raises $5 M of Series B Funding

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B Round: $5,000,000

Founded: 02/2010
Industry: Mobile

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Boulder, Colorado – Orbotix, a smart toy company that has created a robotic ball which is controlled via a smartphone or other mobile device has raised $5 M of Series B Funding from venture capital firms Foundry Group and Highway 12 Ventures.

The funding will be used to finance the marketing and promotion of its flagship product Sphero. Sphero is an smartphone app which is a robotic ball controlled by iOS and Android smartphones.


Funding Total: $5,000,000

Round Date Amount Pre Amount Post Amount
B 04/2011 $5,000,000
Investors: Foundry Group, Highway 12 Ventures

See all fundings here


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