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Reach Robotics ; first product, MekaMon, launched last fall. Today round comes after the company produced and sold an initial run of 500 of its four-legg
stanley termohrnek ed, crab-like, bots. MekaMon fits into an emerging category of smartphone-enabled augmented reality toys li
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stanley website Anki.Silas Adekunle, CEO of Reach Robotics, tells me the influx of capital will be used to make some strategic hires and increase brand recognition through marketing. This is the first time the startup has announced a funding round. Adekunle tells me his experience raising capital wasn ;t easy; as they say, hardware is hard. It was hard to pitch in our early days because people didn ;t believe, explained Adekunle.MekaMon sits somewhere between toy and full-fledged robot. Unlike the radio-controlled RadioShack robots of yesteryear, MekaMon costs a hefty $329. At first glance this can be hard to swallow, but Adekunle remains adamant that he is building a platform and not a line of toys 鈥?think Twcg NCR Acquires Retail Point Of Sale Software Company Retalix For $650 Million Cash
Caliber itself first launched last summer,聽but initially offered a Tinder-like app for making business connections. That app grew to 20,000 users, but the team realized that it聽wasn ;t quite what people wanted. Users didn ;t want to just connect with other interesting people, they wanted to be able to reach their busin
stanley cups ess contacts and message them, explains company co-founder and CEO Andres Blank.However, building a messaging app for business use presents its own sorts of challenges
stanley cups . Users have to create accounts that include their professional identities, they need to be able to search for and
stanley mug find the right people on the platform, and most importantly, the app needs to be careful to not encourage spam.That latter problem聽is something I ;ve seen a number of other attempts in this space gloss over & 8211; startups would create these interesting social experiences for connecting industry colleagues, but they would never address the issue of spam.That is, when you ;re
