Walden Venture Capital Leads Series A In Boombotix
Walden Venture Capital has lead a series A round in Boombotix, a company that has designed creative-looking wired and wireless speakers. Boombotix has distribution in over 20 countries with more than 140 retailers domestically including Best Buy, Backcountry.com, and Amazon.com. A lot of Boombotix’s success comes from the bike, surf, and skate enthusiasts.
“The Boombot speaker line is constantly expanding, and the team is eager to develop new products and continually improve the products already in our portfolio. This round is just going to help us lay down the real foundation that we need to take things to the next level,” stated Boombotix CEO Lief Storer.
Walden is known for making “sprout stage” investments and has experience in making investments in audio companies like Pandora and SoundHound.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry