Comcast Ventures related stories
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KeyMe fetches $25 mln Series DNew York City-based KeyMe, a provider of solutions for people to access and manage their keys, has raised $25 million in Series D financing. Comcast Ventures was the lead investor. Also, Battery Ventures, Benefit Street Partners, Michael Polsky, Questmark Partners, Ravin Gandhi, RiverPark Ventures, 7-Eleven and White Star Capital participated in the round.
- VC-backed VR social platform AltspaceVR shuts down
Redwood City, California-based AltspaceVR, the social platform for virtual reality, said in a blog post https://altvr.com/good-bye/ that it would shut down on Aug. 3. “It looked like we had a deal for our next round of funding, and it fell through,” the blog post says. “Some combination of this deal falling through and the general slowness of VR market growth made most of our investors reluctant to fund us further.” The company was founded in 2013 and raised $15.7 million, the website says. AltspaceVR's backers included Tencent, Dolby Family Ventures, Raine Ventures, Lux Capital, Western Technology Investments, Maven Ventures, Rothenberg Ventures and Comcast Ventures.
- Smart lock maker August Home inks $25 mln Series C
San Francisco-based August Home, a provider of smart locks and smart home access products, has secured $25 million in Series C funding. The investors included Bessemer Venture Partners, Comcast Ventures, Maveron, Qualcomm Ventures, AGL, Liberty Mutual and European private equity fund SPDG.
- Integrate inks $8 mln Series D
Phoenix-based Integrate, a provider of demand orchestration software, has secured $8 million in Series D funding. Iron Gate Capital, Foundry Group and Forte Ventures led the round with participation from Comcast Ventures, Liberty Global and Chestnut Street Ventures.
- U.S. to seek to block DraftKings, FanDuel fantasy sports merger: Reuters
The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests, Reuters reported.
AI conversational platform Automat raises $11 mln in Series AAutomat, an artificial intelligence-driven conversational marketing platform, has secured about $11 million (US$8.3 million) in a Series A financing. The round was led by U.S. brandtech company You & Mr Jones. It was joined by new investors Comcast Ventures and Omidyar Technology Ventures as well as follow-on investors Relay Ventures, Real Ventures and USAA. Launched last year, Automat enables personalized one-on-one conversations between marketers and customers. Led by CEO Andy Mauro, the company will use the funds raised to grow engineering, research and product teams, and further business development, sales and marketing efforts.
