Snap Inc. shares dip after lock-up ends, e-sports audience analytics software maker raises $1.8 million and Ring launches spotlight cam.
Snap Inc. Shares Dip After Lock-Up Ends
Shares of Snap Inc. had their busiest trading day in several months in a volatile session on Monday, as early investors could sell their shares for the first time since its March market debut, reports Reuters. The stock fell close to 1 percent at $13.67 a share, after falling as much as 5.1 percent and hitting a record low following the expiration of a trading lockup.
E-Sports Audience Analytics Software Maker FanAI Raises $1.8 Million
E-sports audience analytics software maker, FanAI Inc., raised a $1.8 million round led by Deepen Parikh of Courtside Ventures, according to a press release. Fan AI helps rights e-sports owners sell targeted advertising.
Doorbell camera manufacturer Ring has added an outdoor light-and-camera hybrid with multiple power options, reports CNET. The Ring Spotlight Cam will start at $199 and will be available in three versions: wired, battery-powered and solar-powered.
Technology reporter Garrett Reim can be reached at [email protected]. Follow him on Twitter @garrettreim for the latest in L.A. tech news.
