Wednesday, October 11, 2017

Sphero's Berberian: Over $300M In Products Sold To Date

Boulder-based Sphero has--literally--been on a roll lately with its robotic toys, to the tune of over $300 million in products sold since the company was started, according to CEO Paul Berberian. Berberian, speaking at a Techstars event in Los Angeles this week, mentioned Sphero's product sales total in an introduction to Boulder-based Techstars' Los Angeles startup accelerator program. Berberian did not provide exact numbers, but said the company's sales took off due to the company's participation in the Disney Accelerator, run by Techstars, and its collaboration on BB-8 in conjunction with the new Star Wars movies. Sphero's participation in the Disney Accelerator was actually the second time the company participated in a Techstars accelerator; the company was part of Techstars Boulder back in 2010, when it was known as Orbotix.