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Congratulations to littleBits and Casper

Posted on June 30, 2015 by ALexander Diegel

Congratulations to Casper and Little Bits

When you tag your company as, “Behind the Best Storefronts,” you get a certain sense of pride whenever you see your clients take their business to the next level. In the past week or so, Spree Commerce has had a lot to be proud of, and would like to extend a huge congratulations to both littleBits and Casper, who raked in a combined $99.2 milion in funding.

littleBits

littleBits, the startup that is democratizing hardware by empowering everyone to create inventions, big and small, announced that it received $44.2 million in new funding. The company with the easy-to-use electronic building blocks will use the new funding to fuel its growth.

Specifically, littleBits will use this investment to further its STEM/STEAM education distribution, push global expansion, and develop new enterprise initiatives. The company will also expand its retail availability in the coming quarter by partnering with Barnes & Noble in its retail stores across the United States.

Still a young company, this Series B funding will help littleBits continue to revolutionize the hardware landscape, just as Netflix did for video entertainment before it. Click here to read the entire press release surrounding this announcement.

Casper

Just 14 months into existence, straight-to-your-door mattress retailer Casper secured $55 million in a new round, at a $550 million valuation. Adding a little glam to this investment round is the list of celebrities who have joined the group of investors: Leonardo DiCaprio, Tobey Maguire, Adam Levine and Scooter Braun.

The new funding will be used to expand Casper’s research and development staff, bring in more employees, and lay the groundwork for international expansion. This comes just after Casper announced same-day delivery in San Francisco, which should also enhance the company’s growth.

Also just on its Series B funding, Casper continues to turn heads with its bed-in-a-box sales and delivery service. To read more about this round, check out the full article on TechCrunch.