[ Tile raises $25M in Series B ]

Tile has raised $25 million in Series B funding.

Founded in 2012, Tile  is a bluetooth enabled location tracking device that allows users to measure distance and locate lost items through mobile application.

The funding will be used to continue to fuel Tile’s growth, says Tile co-founder and CEO Mike Farley. The new capital enables Tile  to accelerate its growth by doubling-down on establishing its  iconic brand, expanding its platform strategy and growing the Tile community, which already locates more than two million items every day across 230 countries and territories.

Funding  Series B
Founded  2012
Country  USA
City  San Mateo, CA
Founder / CEO  Mike Farley
Deal Size  $25M
Investors  Lead Edge Capital
 Khosla Ventures
 GGV Capital
 Bessemer Venture Partners
Previous Investors  Tencent Holdings
 Tandem Capital
 Jonathan Golden
 Bessemer Venture Partners
 Khosla Ventures
 GGV Capital
 Brian Grassadonia