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Venture Capital News: Peel Raises $50M

2014-10-09
MOUNTAIN VIEW, CA, The maker of an app that acts as a 'smart remote' for TVs, Peel, has raised $50M from Alibaba Group.
According to Reuters, Peel has raised $50M from Alibaba Group.

We are a crazy bunch of misfits that want to change the world. We are revolutionizing the way people discover, access and tune in to their TV shows and movies. Peel is a key player in the Internet of Things. We expect to power 60 billion smart remote commands & 5 billion tune-ins worldwide in 2014.
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