[Techtaffy Newsdesk]
Quirky has raised $68 million in Series C funding led by Andreessen Horowitz, with significant participation from new investor Kleiner Perkins Caufield & Byers (KPCB). The funding round also included existing investors Norwest Venture Partners and RRE Ventures. Scott Weiss, general partner of Andreessen Horowitz, and Mary Meeker, general partner at Kleiner Perkins, will join Quirky’s board of directors.
Quirky has raised $97 million to date.
Scott Weiss (General partner, Andreessen Horowitz): Quirky is the most exciting new retail concept we’ve seen since the Apple store opened over a decade ago.
Quirky is a social product development company that brings new product ideas to life through its online collaborative platform. Quirky’s global community of over 260,000 members collaborates with Quirky’s in-house team of designers and engineers on all aspects of design from sketch to store shelves. Anyone can participate on Quirky.com either by submitting their own product idea for $10, or by voting, determining pricing and influencing other people’s product ideas.
[Image Courtesy: Quirky]