Ringly Raises $5.1 Million Led By Andreessen Horowitz To Expand Its Smart Jewelry Collection Beyond Rings


Ringly, the maker of a line of smart jewelry for women including a high-tech ring that buzzes and lights up when you receive a phone call or text, has raised $5.1 million in Series A funding led by Andreessen Horowitz, the company announced this morning. Also participating in the round were new investors Highline Ventures and Silas Capital, and prior investors First Round Capital, Social+Capital, Mesa+, BBV and PCH.

To date, Ringly has raised $6.1 million.

The funding comes shortly after Ringly wrapped up pre-sales for its ring, which is currently sold online. The device, which comes with different stones and band options, was dreamed up by Christina Mercando, who used to work as a Senior Product and Design Manager at eBay. She realized that many women have a habit of keeping their phones in their purses, and so were missing important calls and texts.

The idea with Ringly is that the jewelry…

View original post 466 more words


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s