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Quirky

What
A collaborative platform for every aspect of product development--from original idea to manufacturing and marketing.

Disrupting
The traditional product development and manufacturing process.

Source: Quirky

Headquarters: New York, NY
CEO: Ben Kaufman
Year Founded: 2009
Number of Employees: 140
Funding: $91.3 million
Key Investors: Andreessen Horowitz, Kleiner Perkins Caufield & Byers, Norwest Venture Partners and RRE Ventures

Vital Stats

  • Revenue has increased 50 times since founding
  • 2013 revenue: $50 million
  • Target, Bed Bath & Beyond and Verizon are clients
  • Has corporate partnership with GE for patent collaboration
  • 335 products developed
  • 188 retail partners
  • 409,000 inventors in community
  • Quirky files the patent, inventors and project "influencers" receive cash royalties from sales

Technology

  • Sony headquarters in Tokyo, Japan.

    Sony has launched a crowdfunding site to finance employees' ideas, in a bid to bring back innovation to the Japanese electronics giant.

  • The Uber app on an iPhone in New York.

    Uber targeted its customers to protest outside New York City Council Tuesday as a bill stands to cap for-hire vehicles.

  • National Security Agency building in Fort Meade, Md.

    A court ruled on Monday that the NSA may temporarily resume its once-secret program that collects records of Americans' domestic phone calls.

Latest Special Reports

  • CNBC's ninth annual study measures all 50 states on more than 60 different metrics.

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  • Advisor-centric content with guest columns covering practice management, investment strategies and marketing/social media.