Invention Platform Quirky Scores $68M
With participation from Kleiner Perkins and existing investors, Andreessen Horowitz just led a $68 million funding round in Quirky. Who or what is Quirky? Not unlike Kickstarter, it’s a
crowdsourced invention platform, which encourages people to come together and see new products through their conception and development stages. “The company, which has raised $97 million to
date, says that the funding will be used to expand its platform into a number of verticals, such as Quirky Electronics, Quirky Kitchen, and Quirky Toys,” PandoDaily reports.