Temasek, Samsung, Back On-Demand Gadget Repair Startup
After raising $25 million in a series B funding round, Cellsavers rebranded as Puls
15:52
20.08.17
Israel-based Red Dot Capital Partners, a growth fund funded by Singapore’s governmental holding company Temasek, led a $25 million funding round for the San Francisco-based on-demand smartphone and tablet repair company Puls, the companies announced in a press release Tuesday. Samsung NEXT, a venture investment arm of Samsung also participated in the round.
קראו עוד בכלכליסט:
Formerly known as Cellsavers Ltd., the startup rebranded as Puls as part of the announcement.
Puls cofounders Eyal Ronen (left) and Itai Hirsch (right)צילום: רוני פרל
With offices in San Diego and Tel-Aviv, Puls matches users with close by gadget technicians with relevant skills. The company employs around 50 people and has raised $43 million.
Puls will use the capital raised to expand into new U.S. markets and widen its services to smart home devices, the company said in its announcement.
Israel-based venture capital firms Carmel Ventures, Sequoia Capital Israel, an affiliate of California-based venture capital firm Sequoia Capital, Maverick Ventures and Kreos Capital also participated in the investment.
