Carnegie Mellon spin-out 360fly closes its series B led by new investor Qualcomm.
360fly, a spin-out of Carnegie Mellon University, has closed its series B at $17.8m. The round is led by new investor Qualcomm Ventures, the venture capital arm of semiconductor and wireless telecommunications technology firm Qualcomm. Catterton, a private equity firm, Voxx International, a consumer electronics company, and Steve Altman, the former president and vice-chairman of Qualcomm, also joined the round.
360fly was initially incorporated as EyeSee360, but changed its name earlier in 2014. It has built a single-lens camera and…
