REVL Receives $2M Seed Round


What does REVL do?

REVL, is a smart action camera developer. It is a hardware and software company which is founded in 2014 for bringing the market new and innovative products. The company is developing simple and smart to use devices. The company’s aim is to make people’s life easier, fun and safer. It is looking to build an action camera designed for completely stabilized instant capture and share. The company has partnerships with Ambarella, Sony, Frog Design, which provides it resources and access to stabilizing technology, including chips and special sensors.

How much REVL was funded?

The company raised $2M on February 25, 2016 from frogVentures, Y Combinator, James Lindenbaum, Bill Tai and Lars Rasmussen.

 What is next for REVL?

The investment raised by the company from its seed round will help it in accelerating production of the REVL camera, and for developing its features of completely stabilized instant capture and share. The company is going to announce intelligent features this spring. Apart from accelerating its signature device production, the proceeds of the funding will also be used for developing a companion iOS app. The company is making its device available for purchase through a crowdfunding campaign which will be launched later this year. The company has not yet released the pricing details. Through this product the company is taking a clear shot at GoPro and other sport and action focused cameras.

More about REVL

The company was founded in 2014 by Eric Sanchez. It has its headquarters in San Francisco, California. The company has a team of sports enthusiasts and kiteboarders, who got tired of spending hours of editing the rotating and shaking footage and in order to solve this issue, they set about building a camera which has the capacity to reduce the shakiness. This camera has the technology which promised to maintain the eye level with the horizon all the time.