June, a San Francisco, CA-based modern appliance company focused on bringing intelligence to the kitchen, raised $22.5m in Series A funding.
The round was led by Eclipse with participation from Foundry Group, First Round Capital, and Lerer Hippeau Ventures, Sound Ventures, Vaizra Investments, Promus Ventures and Lumia Capital. In conjunction with the funding, Lior Susan from Eclipse will be joining June’s board.
The company intends to use the funds to expand the team, and finalize development of its oven to ship the product to pre-order customers during the 2016 holiday season.
Led by Matt Van Horn, Co-Founder & CEO, and Nikhil Bhogal, Co-Founder & CTO, June is bringing to market a computer based oven that aims to provide advanced heat distribution, broiling and baking performance as well as remote control and intelligent alert capabilities via mobile connctivity.
FinSMEs
28/03/2016