Bug Labs sells open source hardware modules that can be used to build just about any gadget you can imagine.
"Last week the New York startup got a big helping hand from (who-would-believe-it?) Verizon. At the same time, it finally got the full OK to sell its wireless modules in Europe," Hot Hardware's Julie Bort reported.
It's all part of Verizon Wireless' Open Development Initiative that allows developers to test their device on Verizon's 3G network, but it can cost tens of thousands of dollars to get ODI-approved.
"Our relationship with Verizon is specifically to target product developers, and that is still in the early stages. The value with that relationship comes from the fact that we are skipping over 4-8 months and $50K-$100K of network certification costs. This used to be a major barrier to building connected devices. With Bug Labs, that is no longer a challenge," founder and CEO Peter Semmelhack told Hot Hardware.