Pulse2 Technology and Social Media News » Ravi Mhatre http://pulse2.com Sun, 27 May 2012 18:03:11 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Peel Raises $16.7 Million To Turn Your iOS Device Into Universal Remote http://pulse2.com/2011/05/03/peel-raises-16-7-million-to-turn-your-ios-device-into-universal-remote/ http://pulse2.com/2011/05/03/peel-raises-16-7-million-to-turn-your-ios-device-into-universal-remote/#comments Tue, 03 May 2011 14:56:49 +0000 Amit Chowdhry http://pulse2.com/?p=46549 Continue reading →]]>
Peel is a start-up company that has raised $16.7 million in Series B funding to turn your iOS device into a universal remote. Ravi Mhatre of Lightspeed Venture Partners led this round of funding. Redpoint Ventures and other seed investors participated in this round.

Peel has developed hardware that communicates with the iOS device and the television set. The hardware looks like a pear fruit and it can be bought from Apple retail stores for $100. Peel’s application can be downloaded from the App Store. It takes about 10 minutes to install everything.

[TechCrunch]

]]> http://pulse2.com/2011/05/03/peel-raises-16-7-million-to-turn-your-ios-device-into-universal-remote/feed/ 0 Ning Raises $15 Million Series E, Led By Lightspeed Venture Partners http://pulse2.com/2009/07/22/ning-raises-15-million-series-e-led-by-lightspeed-venture-partners/ http://pulse2.com/2009/07/22/ning-raises-15-million-series-e-led-by-lightspeed-venture-partners/#comments Wed, 22 Jul 2009 08:42:31 +0000 Amit Chowdhry http://pulse2.com/?p=17612 Continue reading →]]>
Social network customization service Ning.com has raised $15 million in Series E funding.  This investment places Ning at a valuation of $750 million.  Last year Ning raised $60 million at a $500 million valuation.

Ning currently has about 29.3 million registered users and over 1 million social networks.  The company was founded by Marc Andreessen and Gina Bianchini.  Andreessen recently launched his own venture firm with former partner Ben Horowitz.  The venture firm that was started by Andreessen is called Andreessen Horowitz.

“The growth at Ning has been massive in the last year and, combined with the quality of the team and seeing that kind of momentum, it worked out well for us both,” stated Lightspeed Venture Partner Managing Director and co-founder Ravi Mhatre.

[via AllThingsD]

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