Quirky, a website that encourages anyone to be an inventor, has raised $16 million in a Series B. The funding was led by Norwest Venture Partners, with participation from existing investor RRE Ventures. Founder Ben Kaufman told VentureWire the cash would last until 2013, at which point he expects the company will be profitable. Several of Quirky’s products have won shelf space at places like Bed Bath & Beyond, including Pivot Power, a flexible power strip invented by a college student.
Author: Arlene Weintraub
Arlene is an award-winning journalist specializing in life sciences and technology. She was previously a senior health writer based out of the New York City headquarters of BusinessWeek, where she wrote hundreds of articles that explored both the science and business of health. Her freelance pieces have been published in USA Today, US News & World Report, Technology Review, and other media outlets. Arlene has won awards from the New York Press Club, the Association of Health Care Journalists, the Foundation for Biomedical Research, and the American Society of Business Publication Editors. Her book about the anti-aging industry, Selling the Fountain of Youth, was published by Basic Books in September 2010.
View all posts by Arlene Weintraub
