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July 8, 2014 AT 8:00 am

Spark.io Raises $4.9 Million #makerbusiness #oshw @sparkdevices

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Spark.io Raises $4.9 Million to Help Engineers Make Their Devices Smart – Venture Capital Dispatch – WSJ.

Lion Wells Capital and O’Reilly AlphaTech Ventures led the Series A investment in Spark.io, joined by Collaborative Fund and SOSventures.

According to Spark.io founder and Chief Executive Zach Supalla, the startup earlier raised $700,000 in seed funding from HAXLR8R, SOS Ventures and a group of individual angel investors. The new funding brings its total capital raised to $4.9 million.

We believe this now makes Spark.io the latest venture backed open-source hardware company.


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