Tuesday, October 16, 2012

TechStars Seattle's Romotive Gets $5M In Funding

Romotive, which designs robots which connect and are controlled by smartphones like the iPhone, has raised $5M in a funding round. The firm--which was incubated as part of TechStars Seattle--said the funding came from Sequoia Capital, CrunchFund, SV Angel, and others. Romotive was based in Seattle, but recently moved to Las Vegas to be part of Zappos' Tony Hsieh's effort to start a technology community in that city. More information »