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Evollve Secures $2 Million Venture Capital

Wednesday, November 19, 2014 5:46:00 AM PDT | VentureDeal
   Redondo Beach, California  --  Electronics technology company Evollve has raised $2 million in its first round of venture capital investment.

Evollve has developed a smart robot, Ozobot, that aims to revolutionize digital gaming by letting users play iPad games with an intelligent robot.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Evollve was founded in 2012 "with the idea of finding different ways to play, learn and socially interact in an evolving digital world."

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