US-Israeli service provider Puls Technologies, connecting consumers with technicians to fix smart tech devices, announced last week it had raised $50 million in a Series C funding round led by Temasek, an investment firm owned by the government in Singapore.
Firms like Sequoia Capital, Red Dot Capital Partners, Samsung NEXT, Viola Ventures, Hanaco Ventures and Hamilton Lane also participated in the funding round.
The San Francisco-based company providing tech support for homes in the US has raised a total of more than $90 million, according to Reuters. This is their largest round to date, after announcing a Series B funding round of $25 million in August 2017.
Puls is focused on transforming the service industry by “bringing frictionless support to the full life cycle of every device and appliance” and says this new round will “fuel” their desire for “massive growth.”
“As consumers depend on electronic devices for every aspect of daily life, the world needs a new service model,” says Eyal Ronen, Puls CEO and co-founder in a statement. “No one should have to drive across town and stand in line to speak to an expert or wait hours at home for a local repair van to show up. Puls is fixing the entire service industry to be seamless, rapid and reliable. We will be the single point-of-contact, 24/7 and the only brand you need for anything with an ‘on’ switch.”
Puls Technologies was founded in 2015 by Itai Hirsch and Eyal Ronen. With offices in San Francisco, San Diego, and Tel Aviv, it provides services in more than 50 local markets and has a technology platform that matches customers with technicians to help service their smart technology devices anytime, anywhere.