OnBeep, a San Francisco, CA-based platform to make wearable communication devices, secured $6.25m in Series A funding.
The round was led by Rich Levandov of Avalon Ventures, with participation from Gil Penchina‘s AngelList syndicate, Matt Mullenweg, Jeremy LaTrasse, Jonathan Heiliger, Fuel Capital and a group of Silicon Valley investors.
The company intends to use the funds to continue to build the product, which will be released during 2014.
Founded in 2013 by CEO Jesse Robbins, Greg Albrecht and Roger Wood, OnBeep provides a platform to make wearable communication devices that unite groups and allow teams to collaborate in real time.
The company’s team includes 20 designers, engineers and artists who previously worked at Apple, Amazon, Google, Nextel, Reebok, Ralph Lauren, Splunk, iRobot, Motorola, Chef, Ekso Bionics and Meyer Sound.
Additionally, OnBeep is partnered with PCH Access, a hardware manufacturing accelerator, to produce the product this year.
FinSMEs
25/08/2014