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Google Buys Dropcam For $555M

Mountain View-based Google said late Friday that it has acquired Dropcam, which makes Wi-fi based video security monitoring equipment. Dropcam was venture backed by Menlo Ventures, Accel Partners, Bay Partners, Kleiner Perkins Caufield & Byers and Institutional Venture Partners. Dropcam's equipment was used for home security monitoring.


 

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