Tile Secures $18,000,000 Series B Round

  • Feed Type
  • Date
    6/2/2016
  • Company Name
    Tile
  • Mailing Address
    2121 S. El Camino Real San Mateo, CA 94403 USA
  • Company Description
    Tile is a location tracking device and app that makes losing valuable items a thing of the past.Tiles are bluetooth low energy tags designed for attaching to valuable items so that these real-world objects — wallets, bikes, suitcases etc — can be traced if they go missing.
  • Website
    http://www.thetileapp.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company intends to use its Series B funding for hiring, to ramp up manufacturing, and create a software-based version of its location awareness technology.
  • M&A Terms
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    Khosla Ventures
  • Venture Investor
    GGV Capital
  • Venture Investor
    Tandem Capital
  • Venture Investor
    Tencent Holdings

Trending on Xconomy