Press Release (ePRNews.com) - WESTLAKE VILLAGE, Calif. - Aug 24, 2017 - Ember Technologies, the leader in consumer-facing temperature control technology and creator of the world’s first temperature control mug, today announced the company has secured $13 million in Series C funding. The additional capital will fuel research, development, and go-to-market sales and marketing initiatives for several new temperature control products slated to roll out in the next six to nine months. The close of this round brings Ember’s total funding to $21 million.
“I founded Ember because I believe in the transformative power of temperature control, and saw the potential for innovation in this category,” said Clay Alexander, CEO and founder of Ember. “Our Series C funding will provide the capital needed to further develop revolutionary products that will improve the way the world eats and drinks.”
As part of the Series C funding, Ember also created a Board of Directors comprised of Clay Alexander, CEO of Ember; Larry Montgomery, former Chairman and CEO of Kohl’s; Jay Brown, co-founder and CEO of Roc Nation; Wyatt Decker, CEO of Mayo Clinic, Arizona; and Tom Wasserman, Managing Director of HPS Investment Partners.
I founded Ember because I believe in the transformative power of temperature control, and saw the potential for innovation in this category.
To date, Ember’s current list of investors includes influential C-Suite executives such as Scott Cutler, CEO of StubHub; RJ Pitman, Chief Product Officer of eBay; Robert Brunner, Chief Designer of Beats by Dre and former Head of Design at Apple. Additionally, today’s biggest musicians including singers/songwriters Demi Lovato, Nick Jonas, Joe Jonas and Alex Pall and Drew Taggart of The Chainsmokers have signed on, alongside NFL players Ndamukong Suh and Prince Amukamara.
Launched in November 2016, Ember’s flagship product, the Ember mug, is the only temperature adjustable mug that keeps coffee or tea at a consistent drinking temperature from the first sip to the last drop. The company’s patented temperature control technology combines phase-change cooling with microprocessor-controlled active heating, creating the world’s most precise temperature control system. The Ember mug has been met with unprecedented success, with sales well above target numbers. It is currently available at select Starbucks locations, and online at Starbucks.com, Amazon.com and Ember.com.
About Ember Technologies
Ember is revolutionizing the way people eat and drink with the world’s first line of temperature control housewares, including Ember’s flagship product, the Ember mug. Founded in 2012 by inventor and serial entrepreneur Clay Alexander, Ember’s team of world-class product designers and engineers (formally with Apple, Microsoft, Nokia and Amazon Labs), are transforming the drinkware and dishware industry one degree at a time.
For more information, visit Ember.com and follow us on Instagram (@ember), Facebook (Facebook.com/Ember) and Twitter (@Ember_Tech).
Emerald Stocker Source :
TRUE Communications for Ember
Business Info : TRUE Overdrive