Not Just Toys: LittleBits Raises $11.1M to Expand Amateur Electronics Products
LittleBits, which has sold hundreds of thousands of modular electronics kits that snap together with magnets, has raised $11.1 million in Series B funding led by True Ventures and Foundry Group. The company has offered increasingly complex, powerful and robotic tools, including its latest, an audio synth kit. “It’s been very easy to put ourselves in the bucket of toys, but we set out to change the face of electronics,” said CEO and founder Ayah Bdeir.