Osmo Raises $12M in Series A Funding

osmoOsmo, a Palo Alto, Calif.-based developer of a hardware games device for kids that connects to any iPad, raised $12m in Series A funding.

The round was led by Accel Partners with participation from Upfront Ventures and K9 Ventures. In conjunction with the funding, Accel Partners’ Rich Wong joined Osmo’s board of directors.

The company intends to use the funds to continue to develop the product.

Started in 2013 by Pramod Sharma (CEO) and Jerome Scholler, Osmo is a gaming company that leverages its Reflective Artificial Intelligence platform to create a new play experience to overcome the boundaries of the screen. Its inaugural product, Osmo, is a gaming accessory for the iPad allows objects like pen and paper to interact with the digital device.



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