Pebble Lands $12,800,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=09d8df09-8643-47d5-8191-5cb28c5c3393
Date
6/30/2016
Company Name
Pebble
Mailing Address
639 High St. Palo Alto, CA 94301 USA
Company Description
Pebble is a customizable, Bluetooth-enabled smartwatch that connects to iPhone and Android smartphones. It features a 144×168 1-bit display, a 3-axis accelerometer and a Cortex-M3 ARM microprocessor. Pebble can be customized by installing new apps developed with its Software Development Kit.
Website
http://www.getpebble.com
Transaction Type
Online Capital
Transaction Amount
$12,800,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds will be used to fulfill demand for the company’s products.
M&A Terms
Venture Investor
Undisclosed