Sphero inks $12 mln

This post is by Iris Dorbian from PE Hub Blog: Venture Capital Deals

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Boulder, Colorado-based Sphero, a robotic ball maker, has raised $12 million in funding, according to Nick Delyani, the firm’s senior director of marketing. The anticipated target of the final round is $20 million. The investors were not named. The capital infusion will be used for working capital, added Delyani.

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