Quirky Raises $16 Million

Crowdsourcing product development social network Quirky has raised $16 million in funding. Investors include Norwest Venture partners and RRE Ventures. The site connects inventors and entrepreneurs with participants who collaborate to help create a successful product. Quirky is also the subject of a reality series slated to air on the Sundance Channel at the end of August. [TechCrunch]

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