LittleBits Raises Big $44.2 Million Round

LittleBits, a 3.5-year-old, New York-based maker of electronic components that both children and designers can snap together to create everything from toy robots to lightweight industrial products, has raised $44.2 million in Series B funding led by DFJ Growth, with managing director Barry Schuler joining the board. Morgan Stanley, Alternative Investment Partners, Grishin Robotics and Wamda… Read More

Source: TechCrunch