Livescribe raises $10M new funding — Notetaking Technology
Smartpen maker Livescribe Inc. said it raised more than $10 million in new funding.
The Oakland company — which was named the Mobile Technology winner in the Silicon Valley/San Jose Business Journal’s Emerging Tech awards in December — makes a combination pen, digital audio recorder and handheld computer.
The 1.3-ounce gadget has been turning traditional note-taking into what the pen’s inventor, Jim Marggraff, likes to call “paper-based computing.”
The round was led by U.K.-based Lionhart Investments and Vantage Point Partners, which has an office in San Bruno.
The company has now raised more than $40 million.
via Livescribe raises $10M new funding – Silicon Valley / San Jose Business Journal: .