Tracking device maker Tile discloses funding
Tile, which makes a $20 bluetooth-powered device that can track keys, luggage and other items, disclosed it has raised $13 million in total venture funding. This includes a $9.5 million Series A round led by GGV Capital and a $3.5 million seed-stage round led by the large Chinese company Tencent. Tile disclosed the funding details as part of its announcement that it would expand its technology to work on Android phones. With the recent Series A round, Jeff Richards, managing partner of GGV, has joined the board.
1 October 2014•4 mins read
