Brooklyn New York based Light Phone is raising $11,676,099.00 in New Equity Investment.
Brooklyn, NY – According to filings with the U.S. Securities and Exchange Commission, Light Phone is raising $11,676,099.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Kaiwei Tang played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Light Phone
The Light Phone is a phone for humans.It is designed to be used as little as possible and gives us back the most important things we too easily take for granted, our time and attention. The products we use everyday are fighting for more of our attention and more of our increasingly limited time. Multitasking is a myth. It is glorified procrastination. It is addictive and exhausting. We’ve become habitually overwhelmed and were craving escape from our phones. If how we spend our days is always connected, always staring at our screens, that will be how we spend the rest of our lives. Our ability to be fully present in the moment is diminishing quickly as our constant desire to document, share, and keep up with our feeds has distanced us from experiencing our lives as they actually occur. We might say that we have talked to someone when actually we have not. We have texted, emailed, snap chatted, tweeted, posted, commented, or liked them. We believe in designing the right tool for the situation. Why is the same giant computer smartphone that you bring to work also the same phone that you bring to the beach, to dinner, to bed, or when simply trying to enjoy an afternoon away from email? The Light Phone frees us from the addiction of our hyper-virtual-connectivity, and removes the barriers between us and the real people and real things right in front of us that bring us real happiness.
To learn more about Light Phone, visit http://www.thelightphone.com/
Contact:
Kaiwei Tang, Chief Executive Officer
847-877-4429
kaiwei@thelightphone.com
https://www.linkedin.com/in/tangkaiwei/
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