Casabi Raises $10 Million In Second Round Funding

Casabi, a maker of software that connects digital content to various devices within a users’ home, has secured $10 million in its second round of funding. The round was led by Canaan Partners with participation by first round investors Mayfield Fund and Vanguard Ventures.
Casabi’s platform delivers web access, targeted advertising and content to home electronics, starting with the cordless telephone. The Campbell, CA-based company plans to use the funding to increase the number of Casabi-enabled devices beyond the phone. Release

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