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Friday, June 24, 2016

French start-up Sevenhugs expands smart home business to California

Sevenhugs, a French startup that designs and markets smart home technology products and services who introduced the world’s first contextual remote control at CES 2016, Computer Electronic Show, in Las Vegas last January announced today it is expanding to partners and a new office in San Francisco to grow its business. It has completed a $14.6 million Series A funding round that will focus on building the team and in product development.

This announcement arrives the day after Samsung announced Tuesday its investment plans for $1.2 billion in the U.S. over the upcoming four year period to add computer power to everyday devices.

Read more: http://www.examiner.com/article/sevenhugs-expands-smart-home-business-to-california

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