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Sifteo Sees $9 Million First Venture Capital Funding

Tuesday, May 11, 2010 5:53:00 AM PDT | VentureDeal Staff

San Francisco, California  --  Consumer electronics company Sifteo has garnered $9 million in its first institutional round of venture capital financing.

Sifteo is creating a line of children's electronic toys that enhance their ability to learn and play.

The Foundry Group and True Ventures made the investment.  The company did not say how it would use the funding proceeds.

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