Nucleus Raises $5.6M in Series A Funding

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Summary

Nucleus, a NYC-based developer of connected home anywhere intercom device, raised $5.6m in Series A funding.The round was led by the Alexa Fund with participation from BoxGroup, Greylock Partners, FF Angel (Founders Fund), Foxconn, Liquid 2 Ventures, and SV Angel.The company, which has raised $10m in total funding, intends to use the capital to further national awareness of its product, and accelerate research and development efforts.Led by Jonathan Frankel, co-founder and CEO, Nucleus provides an anywhere intercom device – which can be installed anywhere – for family members to interact through audio and video communication between rooms, home-to-home and mobile-to-device with its app for iOS and Android.Nucleus incorporates Alexa Voice Service (AVS), which allows users to stream music from a number of platforms, connect with a wide range of compatible smart home products, and have access to a myriad of information and a number of Alexa skills.

$ Funding

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Amount $5.6M Total raised
Date September 21, 2016 Announcement date
Investors Kickstarter Lead investors
Company http://www.nucleuslife.com Funded company

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