Bug Labs Lands $3,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c237db52-41b0-48db-9845-04073fdc464e&Preview=1
Date
6/30/2010
Company Name
Bug Labs
Mailing Address
598 Broadway 4th floor New York, NY 10012
Company Description
Bug Labs is developing BUG, an open, modular, consumer electronics web services + hardware platform. Designed for the general audience, not just the technically inclined, BUG is intended to bring to the world of hardware gadgets what the Internet, open source, XML and web services have brought to the world of software and media.
Website
http://www.buglabs.net
Transaction Type
Venture Equity
Transaction Amount
$3,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Court Square Ventures
Venture Investor
Spark Capital
Venture Investor
Union Square Ventures