Chumby Raises $12 Million
Posted on April 12, 2008
The makers of the Chumby - a widget-powered alarm clock type of device - have raised $12.5 million in Series B funding. CenterNetworks reports that the lead investor was JK&B Capital. Other investors included Avalon Ventures, Masthead Venture Partners and O'Reilly AlphaTech Ventures. The device is expected to cost about $200.
$200 is probably more than people want to spend for an alarm clock but the Chumby does much more than an ordinary alarm clock. Chumby can run any of the widgets created for it. You can have Chumby display a typical alarm clock type of view or you can stream photos, get sports scores or receive weather updates. You can find all the Chumby widgets at Chumby.com.
Here's the welcome video you get with widget-playing Chumby. It is far from the only Chumby video on YouTube - many more here.
