September 21, 2014 8:18 AM ET

Internet Software and Services

Company Overview of Quirky Incorporated

Company Overview

Quirky Incorporated operates an online community that enables its members to submit, tweak, and vote on various sorts of product ideas. The company enables its community members to submit ideas for the development of new products in the categories of electronics and power, health and fitness, home and garden, kitchen, travel and adventure, and other products. It also sells the products developed through ideas generated by its community inventors online. The company was founded in 2009 and is based in New York, New York. Quirky Incorporated operates as a subsidiary of Kluster, Inc.

606 West 28th Street

Floor 7

New York, NY 10001

United States

Founded in 2009

Phone:

305-710-2960

Key Executives for Quirky Incorporated

Founder and Chief Executive Officer
President
General Counsel
Compensation as of Fiscal Year 2014.

Quirky Incorporated Key Developments

Quirky Incorporated Presents at Milken Institute Global Conference 2014, Apr-29-2014 02:30 PM

Quirky Incorporated Presents at Milken Institute Global Conference 2014, Apr-29-2014 02:30 PM. Venue: Lon Angeles, California, United States. Speakers: Ben Kaufman, Founder and Chief Executive Officer.

Quirky to Open an Office in Schenectady

Quirky will open an office in downtown Schenectady. Quirky will occupy two floors at the Center City building at 433 State Street, and plans to create 180 new jobs in downtown Schenectady within the next three years. Empire State Development is providing Quirky with $500,000 in Excelsior Jobs Program tax credits tied directly to investment and job creation commitments. The Schenectady County Metroplex Development Authority is also providing a grant of $450,000 to support establishment of the new Quirky Schenectady office. Quirky will occupy 22,000 square feet of office space on the fourth and fifth floors of the Center City building on State Street in Schenectady. The space, which is being retrofitted by the building owner The Galesi Group, will feature Quirky's open floor plan and a clear view of the iconic General Electric sign, Proctors, and the rejuvenated arts, entertainment, and technology district in downtown Schenectady. Quirky plans to begin operations in Schenectady in May, and is now recruiting new employees for the office.

GE Expands its Partnership with Quirky

GE will expand its partnership with Quirky, and the two companies will co-develop and launch 30 new products in their connected home devices line in the next five years. GE plans to develop several premium countertop appliances that will operate on Quirky's WINK control platform, which lets consumers access the connected devices anytime from mobile devices. Co-branded WINK-enabled products will continue to be developed by Quirky's global community of 600,000 inventors through the company's collaborative platform.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
November 13, 2013
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