Ring, the Santa Monica video doorbell company, announced a $61.2 million Series C on Wednesday, bringing their funding total to over $100 million since the company’s inception in 2011. Originally dubbed Doorbot, Ring develops video-enabled doorbell systems that broadcast to the owner's phone.
In the business world, it’s fairly easy to recognize success. High year-over-year growth, robust customer retention rates and low costs for customer acquisition all point to a company going in the right direction. But when it comes to status symbol, nothing indicates the presence of a giant quite like a big valuation.
Targeting individuals with severe mental health conditions, Options MD provides a range of personalized treatment solutions prescribed by psychiatric professionals.
What’s the easiest (and quickest) way to cash in on your used goods? Sell them on eBay, of course. Entrepreneur Michael Williams is hoping the model works just as well for selling his company YoRoomie on the auctioning site. The app, which matches renters with potential roommates, launched in the summer of 2015 and garnered thousands of users.