Absrtact: A team, set up more than a year, never published product prototypes, even bother to describe what the product has the function, on the total access to 6.8 million of dollars in financing, is it a bit inconceivable? According to OnBeep official website news, this mysterious wearable equipment merchant OnBeep,
A team, set up more than a year, never published product prototypes, and even bother to describe what the product has the function, on the total access to 6.8 million U.S. dollars financing, is it a bit inconceivable? According to OnBeep official website news, this mysterious wearable equipment merchant OnBeep, recently obtained a round of financing, financing amount of 6.25 million U.S. dollars, the investor includes Riche Levandov, WordPress founder Matt Mullenweg. Last August, they got 500,000 dollars in funding.
When you search the search engine onbeep, you must not find the picture of the product, even the official website, no mention of the product. So, we know very little about onbeep products. However, OnBeep's goal is very clear, simple image, they want to do is a stylish, beautiful wearable "walkie-talkie", to create a team without mobile phone normal communication and cooperation of hardware products, in their own words, is to early a stylish wearable communication hardware to help people communicate in time, cohesion together ( "Interfere wearable communication devices that unite groups and allow teams to collaborate", "").
I think the reason why investors have given 6.3 million of dollars in the absence of a prototype is probably because of two reasons: one is because the concept of the product, the concept, positioning in the group and office collaboration, is really attractive. Another possibility is the team. OnBeep's team is really strong and has developed to now have about 20 designers, engineers, and most of them have Apple, Google, Motorola, IROBTO, Amazon experience, but also in the PCH accelerator.