These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance.

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"I like to think of us as a premier sports performance company and we do really extreme product development -- and sometimes the products we develop are unique and it requires somebody in what we call 'the front row' to explain to the masses that this is the best, " Baden said.

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"As families prepare to send their kids off to school this fall, they need a laptop with reliability and performance, " said Sam Burd, vice president and general manager of product development for Dell.

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Medbery says the round will be used to expand the New Orleans-based Kickboard team and invest further into product development, particularly better dashboards for teachers that offer new and unique ways of visualizing student performance.

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"When we decided to take on the DIYers we knew we had to offer impressively built systems that could compete in terms of performance as well as price, " said Rajeev Kuruppu, Digital Storm's Director of Product Development.

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"From that point on, we decided our product development and engineering teams needed to be completely focused on what we do best and that's building high-performance loudspeakers, " he noted.

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