Owl Cameras, a Palo Alto, CA-based provider of video security solutions for cars, raised $10M in a Series A1 funding round.
The round, which brought total venture funding to $28m, was led by Canvas Ventures with participation from existing backers. In conjunction with the funding, Rebecca Lynn, General Partner at Canvas Ventures, will join the Owl Board of Directors.
The company intends to use the funds to expand production.
Led by Andy Hodge, Founder and CEO, Owl Cameras provides an instant video solution for iOS and Android to protect cars. All Owl video is privacy locked on the camera and within the app, so it is completely private unless the customer chooses to share it footage.
Owl is available for both Android and iOS users with:
– Instant Video right to your phone and privacy-locked
– Video Alerts for break-ins, dings, and dents
– Dual HD cameras, inside and out
– Live View of your car from anywhere, anytime over LTE
The Owl Car Cam sells for $349, which includes 1 year of LTE Instant Video service. The service includes unlimited Video Alerts and 60 minutes of remote making and viewing of video per month. After the first year, users can renew 12 months of the Instant Video Service for $99 (or $10 per month) and, should a user run out of minutes during a month, 60 more minutes are available to purchase for $5 through the app.
FinSMEs
14/08/2018