Avalon Ventures' Rich Levandov leads $6.25 mln Series A funding in OnBeep

Rich Levandov of Avalon Ventures has led a $6.25 million Series A funding round in wearable technology company OnBeep. Seed funding came from Gil Penchina's AngelList syndicate, Matt Mullenweg, Jeremy LaTrasse, Jonathan Heiliger, Fuel Capital and a group of Silicon Valley investors.

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