Boombotix raises $4 million in funding
Boombotix is a San Francisco based audio company that has raised $4 million in funding from existing and new investors. The new investors were The Social + Capital Partnership, Baseline, Red Hills, Great Oaks and Grishin Robotics. The existing investors that participated in this round include Walden Venture Capital and David Dolby.
Boombotix plans to use the funding to expand their presence in the market. Boombotix saw triple figure sales growth year-over-year.
The company has shipped a line of speakers called Boombots at national retailers like Microsoft and T-Mobile. Boombotix also launched Boombot REX at national retailers such as Apple and Amazon.