San Francisco-headquartered home tech support company Puls Technologies Inc. has raised $50 million in a Series C round led by Singapore-based investment firm Temasek Holdings (Private) Ltd., Puls announced Tuesday. The round brings Puls’ total funding raised to $93 million.
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Other investors in the current round include Hamilton Lane Inc., Tel Aviv-based venture firm Hanaco Venture Capital, and existing investors Sequoia Capital, Samsung NEXT, Red Dot Capital Partners, and Viola Ventures.
Puls’ service is currently available in over 50 locations within the U.S. The company intends to use the funding for its global expansion efforts in South America, Europe and Asia, Eyal Ronen, co-founder and CEO of Puls said in a phone interview with Calcalist Tuesday.
Founded in 2015 by Israeli-born entrepreneurs Ronen and Itay Hirsch, Puls developed a marketplace that helps consumers connect with nearby technicians and service providers to repair household electronic devices including mobile phones, television sets, and electronic garage doors.
Puls has offices in San Diego and a research and development center in Tel Aviv that employs 35 engineers. The company plans to hire 15 additional people in Israel within the next year.