July 31, 2013 03:30 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SYbihvPBgR8/
Remote Video Startup Dropcam Raises $30M, Plans To Use The Funding To Better Compete With Itself
San Francisco-based video monitoring hardware and software startup Dropcam today announced the close of a new $30 million Series C funding round, led by Institutional Venture Partners (IVP), and with participation by new investor Kleiner Perkins Caufield & Byers and existing backers Accel Partners and Menlo Ventures. I spoke to Dropcam CEO Greg Duffy about the funding, which, by his own admission, the company wasn't in a position to really need. It's about staying two steps ahead of the game, is what he essentially told me.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SYbihvPBgR8/
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