Quirky founder Ben Kaufman prefers not to give out quotes when raising new funds, focusing instead on the details of what Quirky has been up to.
But he sure does like to raise fresh capital. It raised $6 million A round last April led by RRE and, according to Venture Wire, just closed a $16 million B round led by Norwest Venture Partners with RRE participating again.
As Betabeat has written recently, start-ups are rushing to close their financing, fearful that a tanking stock market will scare off potential investors or, at the very least, drive the valuations they can negotiate way down. Read More