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Latest Stories and News
- 1 week ago
- SmartRent, which provides smart home automation for property owners, managers, developers, and residents, today announced that it has raised $60 million.
- Spark Capital led this latest funding round, with participation from Fifth Wall Ventures, Energy Impact Ventures, the Amazon Alexa Fund, Bain Capital Ventures, and RET Ventures. It brings Scottsdale, Arizona-based SmartRent’s total raised to over $100 million, following a $32 million series B in June 2019.
- CEO Lucas Haldeman said the funding will enable the company’s next phase of growth as it expands its portfolio of offerings.
- 8 months ago
Facebook is buying CTRL-labs, a NY-based startup building an armband that translates movement and the wearer’s neural impulses into digital input signals. The acquisition, which has not yet closed, will bring the startup into the company’s Facebook Reality Labs division.
CTRL-labs’ CEO and co-founder Thomas Reardon, a veteran technologist whose accolades include founding the team at Microsoft that built Internet Explorer, will be joining Facebook, while CTRL-labs’ employees will have the option to do the same, we are told.
Facebook has talked a lot about working on a non-invasive brain input device that can make things like text entry possible just by thinking. So far, most of the company’s progress on that project appears to be taking the form of university research that they’ve funded. With this acquisition, the company appears to be working more closely with technology that could one day be productized.
- 8 months ago
Drivetime has raised $11 million for interactive audio games that you play hands-free while driving the car. And the latest game is Jeopardy, which uses the voice of show host Alex Trebek.
Jeopardy is the eighth channel within Drivetime’s growing lineup of interactive audio entertainment for drivers, who use their voice to respond to questions. The idea is to keep drivers attentive and focused on the road through the non-distracting audio and voice-driven gameplay.
Makers Fund led the funding, with participation from Amazon’s Alexa Fund and Google Assistant Investments Program. Drivetime has built its audience of drivers up over the past year, and it cut a deal with Sony Pictures Television to bring Jeopardy in as its first licensed intellectual property to help boost its fledgling frontier of the gaming industry.