Tech Company Financing Transactions
People Power Funding Round
People Power, operating out of Redwood City, secured $4.4 million from MediaTek and private investors.
Transaction Overview
Company Name
Announced On
9/30/2015
Transaction Type
Venture Equity
Amount
$4,400,000
Round
Series B
Investors
MediaTek (Lead Investor)
Proceeds Purpose
The startup plans to use its funding on product development and hiring, and to sell its services in the U.S. and China.
Company Information
Company Status
Private & Independent
Industry
Mobile
Mailing Address
425 Broadway St.
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Website
Email Address
Overview
People Power Presence app turns your old smartphone into a wireless web camera for FREE. Use it anywhere with a WiFi internet connection as a webcam, security cam, baby cam, party cam, you name it. Customize and get meaningful alerts that give you peace of mind you need knowing that loved ones are safe.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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