Luma raises $12.5 mln; Series A round includes Amazon Alexa Fund
Luma, the Atlanta producer of Surround WiFi for the home, raised $12.5 million of Series A financing. The round was led by Accel and reflected a “significant” investment from Amazon Alexa Fund. The additional new investors included David Dorman, former CEO of AT&T and 500 Startups. Reinvesting were Felicis Ventures, Base Ventures, BIP Capital, Relay Ventures, and Webb Investment Network. Luma said in a statement that it would use the funds to meet demand for the system, expand operations and do R&D.
7 April 2016•3 mins read
