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Open-Source Gadget Maker Bug Labs Closes Third Funding Round
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| NYC-based Bug Labs, which makes open-source mobile devices, has raised a
| third round of funding. Leading the round: Court Square Ventures. Existing
| investors Union Square Ventures and Spark Capital also participated. No
| financial terms disclosed, but Bug says it'll use the money to expand its
| marketing efforts, hire people, etc.
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http://www.alleyinsider.com/2008/8/open-source-gadget-maker-bug-labs-closes-third-funding-round
Related:
Bug Labs: It’s about open-sourcing hardware
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| At the core of Bug Labs business model is a hardware appliance called
| the “Bug.” About the size of an iPhone, the Bugbase device is a fully
| featured Linux PC (IT Management) with ports that allow up to four modules to
| be fitted in place.
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http://blogs.techrepublic.com.com/tech-news/?p=1415
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