If they received any venture capital, they would have had to file an exempt distribution form with the SEC. They have not done this. A search for "Butterfly" in EDGAR reveals nothing of Butterfly Labs, Inc.
C'mon, guys, if you did a financing, let us know the details...
Ah, the LargeCoin guy. Haven't heard anything from you for quite a while. Maybe you can give us an update about YOUR state, preferably on YOUR thread?