Stir, a Pasadena, CA-based creator of a learning height-adjustable desk, secured $1.5m in seed funding.
Backers included:
– Tony Hsieh’s Vegas TechFund (led by General Partner Zach Ware),
– serial biomedical entrepreneur Josh Makower,
– angel and private equity investor John R. Woodard,
– technology investor Richard Klein, and
– alumni of Apple Inc.
The company intends to use the funds to expand sales operations and accelerate technology development.
Founded by CEO, J.P. Labrosse, Stir has created the Stir Kinetic Desk, which features a built-in touch screen that lets the user transition between sitting and standing positions with a double tap. Using a thermal presence sensor, a built-in touchscreen, activity tracking software and a wifi connection, the desk learns users’ habits and adapts to their daily routines to optimize fitness and productivity. Users get data on calories burned, time spent standing vs. sitting and more, all on the built-in screen.
Launched in late 2013, Stir is currently taking orders for the second run, expected to ship this spring. It retails for $3,890 and customers can purchase theirs at www.stirworks.com.
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FinSMEs
21/03/2014