People Power Obtains $4,400,000 Series B Financing

  • Feed Type
  • Date
    9/30/2015
  • Company Name
    People Power
  • Mailing Address
    425 Broadway Street Redwood City, CA 94063 USA
  • Company Description
    People Power Presence app turns your old smartphone into a wireless web camera for FREE. Use it anywhere with a WiFi internet connection as a webcam, security cam, baby cam, party cam, you name it. Customize and get meaningful alerts that give you peace of mind you need knowing that loved ones are safe.
  • Website
    http://www.peoplepowerco.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,400,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The startup plans to use its funding on product development and hiring, and to sell its services in the U.S. and China.
  • M&A Terms
  • Venture Investor
    MediaTek
  • Venture Investor
    Undisclosed