Thursday, December 3, 2015

FG Angels, Brad Feld Get Exit At ONtheGo Platforms

Two, local area investors--the FG Angels Seed Fund, and venture capitalist Brad Feld, have scored an investment at gesture recognition and computer vision startup ONtheGo Platforms. Silicon Valley augmented reality software developer Atheer said Wednesday that it had acquired ONtheGo Platforms, to help strengthen its smart glasses platform. Financial terms of the acquisition were not announced. OnTheGo Platform was the very first investment by FG Angels. ONtheGo had received $700,000 in total financing in that round, in January of 2014, with $330,000 of that funding from the FG Angels syndicate.