People Power Obtains $4,400,000 Series B Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1473fce0-7223-494f-96c8-b7461f53f7f0 - 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
