Existing investor Tencent has returned for another funding round for Tile, which produces a smart location device that users can attach to keychains.
Tile, a US-based manufacturer of bluetooth tracking devices, raised $18m yesterday in an oversubscribed series B round that featured internet company Tencent.
Bessemer Venture Partners led the round, while GGV Capital, Khosla Ventures and accelerator Tandem Capital also supplied capital.
Tile, incubated by Tandem in 2012, produces small bluetooth-enabled devices that can be attached to keyrings or other valuable items. The device can be tracked through a smartphone app and other users can help locate an item if it has…
