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Dropcam Launches Android App, Announces $12M In Series B Funding Led By Menlo Ventures

Screen Shot 2012-06-19 at 11.16.35 AM

Dropcam has been busy. The video monitoring start-up just released an Android app that brings a better experience to the mobile platform. The new app is built natively for Android rather than using Adobe Air and provides live video, two-way audio and free motion alerts through a better user interface. The company said today in a press release that the app was built to better match the iOS version.

The company also took to the wires this morning to announce $12m in Series B funding. Menlo Ventures led the round, with existing investors Accel Partners and Bay Partners participating as well, bringing the total amount raised to $17.8M. Dropcam says it will use the cash to grow its San Francisco software engineering team and expand global manufacturing operations.

“We appreciate Dropcam’s position in the industry and are confident in what this company can do for the connected home. Dropcam is in a unique position to lead the way in this space because of their unparalleled commitment to quality software layered on top of impressive hardware. This is a tough balance for young companies and Dropcam is doing a commendable job at this,” said Mark Siegel, a Managing Director of Menlo Ventures said in a released statement this morning.

This comes several months after Dropcam introduced its second generation monitoring camera at CES 2012. At $150 the Dropcam HD hits at lower price than its predecessor and features 720p video, better low light capture and, of course, remote access. After a period of tight demand, the Dropcam HD is now widely available.


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