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Sphero Robot Maker Orbotix Raises $15.5 Million

by Eric Johnson

Orbotix, the company behind the robotic “connected toys” Sphero and Ollie, has raised $15.5 million in new funding, the company said today. Shea Ventures led the round, and the Foundry Group and Grishin Robotics also participated. A company spokesperson said an earlier TechCrunch report that Orbotix had shipped 500 million robots to date was “grossly inaccurate,” but declined to provide the real number of shipped units. Orbotix has recently tried to sell Sphero into classrooms with an education program that aligns with Common Core standards.

This article originally appeared on Recode.net.

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