Friday, October 20, 2017

Qualcomm Gets Exit At August Home

San Diego-based Qualcomm Ventures, the venture investment arm of Qualcomm, has had an exit in its portfolio--smart lock maker August Home. August was acquired by ASSA ABLOY on Thursday. Financial details of the acquisition were not announced. August was venture backed by Bessemer Venture Partners, Comcast Ventures, Maveron, Qualcomm Ventures, AGL, Liberty Mutual and SPDG. The company had raised $75M in total. August is based in San Francisco.