Thursday, May 28, 2009

Chumby Raises $3M In Debt

San Diego-based Chumby, a maker of a Internet-enabled information device, has raise $3M in a funding round, according to a regulatory filing from the firm Thursday. According to the filing, the funding came in the form of debt plus warrants; source of the funding was not disclosed. The firm has previously raised funding from Avalon Ventures, O'Reilly AlphaTech Ventures, Masthead Venture Partners, and JK&B Capital.