Echodyne founder and CEO Eben Frankenberg said the Series B funding round was led by New Enterprise Associates, or NEA, a Silicon Valley venture capital firm.
Gates, Seattle’s Madrona Venture Group, the Kresge Foundation and Allen’s Vulcan Capital are among the investors following up on their participation in 2014’s $15 million Series A round, Frankenberg told GeekWire. He declined to say how the new investment affects the valuation of the company, based in Bellevue, Wash.
