Cloud-based Video Platform Maker Dropcam Inks $5.8M
Dropcam Inc., a San Francisco-based maker of a Wi-Fi video camera and intelligent streaming service, has raised $5.8 million in Series A financing. Accel Partners led the round, which included backing from individuals including Felicis Ventures founder Aydin Senkut; Triple Point Capital president Ben Narasin; Bessemer Venture Partners’ David Cowan and Bay Partners’ Salil Deshpande. The money will be used to build on the company’s cloud-based video platform and expand the software engineering team.
21 September 2011•3 mins read
