Swivl Secures $500,000 New Financing

  • Feed Type
  • Date
    5/23/2013
  • Company Name
    Swivl
  • Mailing Address
    1354 El Camino Real San Carlos, CA 94070
  • Company Description
    We make a robotic video accessory platform with seamlessly connected cloud services and robust SDK’s. We believe in the power of video for sharing information, instruction and collaboration. But there are barriers that prevent regular use. We enable the broad, regular use of video use with solutions focused on eliminating these barriers.
  • Website
    http://www.swivl.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used accelerate the development of the second generation Swivl, as well as assist with the launch of Swivl’s yet-to-be-announced connected video services. Both the device and services will be launched later this year.
  • M&A Terms
  • Venture Investor
    Grishin Robotics

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