Intel, Axa and Reinsurance Group of America all invested in K4Connect, the developer of an operating system for connected household devices catered to older and disabled users.
K4Connect, a US-based developer of technological aids for elderly and disabled users, has raised $12m in a series B round led by Axa Venture Partners, the corporate venturing unit owned by insurance firm Axa.
Intel Capital, the corporate venturing arm of semiconductor maker Intel, also backed the round, as did reinsurance firm Reinsurance Group of America’s RGAx subsidiary, Sierra Ventures, Stonehenge Growth Equity Partners, Revolution Ventures’ Rise of the Rest Seed Fund, Better Ventures and Traverse Venture Partners.
Founded in…
