Monday, May 2, 2011

Peel Raises $16.7M To Turn Your Smartphone Into Your Television?s Best Friend

Peel, a startup that's looking to turn your iOS device into a super-powered universal remote (among other things), has some big news: it's just closed a $16.7 million Series B funding round led by Ravi Mhatre of Lightspeed Venture Partners, with participation from existing investor Redpoint Ventures and several seed investors. Last month we took a thorough look at how Peel is setting�out to become to the bridge between your iPhone (or iPad) and your home theatre system ?�both in terms of actually controlling your myriad devices, and in presenting you with content you'll want to watch. First, you purchase Peel's special hardware 'fruit', which looks like a plastic pear and is available from Apple retail for $100. This device sits in front of your home entertainment system (it actually looks like a nice ornament on a coffee table).

Source: http://feedproxy.google.com/~r/Techcrunch/~3/TGWoYFeOmpA/

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