1. Sphero, maker of a 'Star Wars' toy, raises $45M

    Sphero, maker of a 'Star Wars' toy, raises $45M

    Boulder-based toy maker Sphero, maker of the BB-8 robot toy modeled after a robot that will appear in the next "Star Wars" movie, said it's raised an additional $45 million. Investors were led by Mercato Partners and additional investors include a subsidiary of The Walt Disney Company and "other strategic investors. " The company was formerly known as Orbotix and has now raised a total of $80 million.

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    1. There's a perfect storm brewing in the toy industry and our emerging technology will forever transform the way people play. This recent infusion of capital will allow us to grow the team and accelerate the development of the next generation of robotic entertainment.
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