Peel gets $50 million investment from Alibaba

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Remember the funding round that Peel, maker of the remote control apps that you find on handsets from Samsung, HTC and others, raised in June from Alibaba? Thursday, the company announced a number, and it’s a big one: Alibaba invested $50 million in Peel, bringing the total amount raised by the startup to $95 million. I guess replacing a device that everyone hates, but still uses every day, does pay off.

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