Television remote app Peel has received a second strategic investment from Alibaba, which brought the company's total fundraising to $95m.
Peel, the US-based developer of a television remote control app, has received a $50m strategic investment from China-based e-commerce company Alibaba, Reuters reported on Thursday.
The series D investment was made in late Spring, but Peel waitied until after Alibaba’s high profile initial public offering was completed to announce the deal.
Peel’s app allows users to sync their phones to satellite receivers, enabling smartphones to control a television in place of a remote.
The company claims to have more than…
