Petcube, a San Francisco, CA-based pet camera developer, raised $10M in Series A funding.
Backers included Almaz Capital, AVentures, and Y Combinator, and other investors.
The company intends to use the funds to ramp up product, sales and marketing for US and international expansion.
Led by Yaroslav Azhnyuk, CEO and co-founder, Petcube provides interactive pet monitors that solve the challenges faced by busy pet owners who have to leave their pets at home because of work or travel, or have pets with special needs.
Over 100,000 device owners interact with their pets remotely an average of 50 minutes per week, at a high frequency of eight times per week.
In addition, through partnerships with rescue organizations like the SF SPCA and natural health pet food brand Wellness®, the company is building an intelligent platform for pet care.
Petcube is currently distributed in 18 countries in over 5,000 retail locations in North America, Europe and Asia Pacific, and sells online via Petcube.com and Amazon.
FinSMEs
26/10/2017