Open source hardware company Bug Labs – received a new round of funding – $3m. SEC filing here via Citybizlist New York. Congrats to the team!

Bug Labs, Inc., a technology company that serves as an open source hardware store, has raised $3 million of a targeted $5 million, according to an SEC filing. Founded in 2006 and based in New York, Bug Labs offers a kind of hardware “mash-up,” in which various different Internet-based services are pieced together to create a unique one.