Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

CellSavers changes name to Puls, raises $25 million in private funding

JERUSALEM (Reuters) - CellSavers, a U.S.-Israeli company that provides instant services for smart devices, said on Tuesday it was changing its name to Puls and that it raised $25 million in a new funding round.

The round was led by Red Dot Capital Partners — a Temasek Holdings backed growth fund — and also included new investors Samsung Next, Maverick Ventures and Kreos Capital as well as participation from existing investors Sequoia Capital and Carmel Ventures.

The two-year-old company, which has raised $43 million to date, said the proceeds would go toward widening its services -- in which it connects consumers with technicians to install, support or repair their smart technology devices anytime -- and expand into new U.S. markets.

(Reporting by Steven Scheer)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.