Selfie Drone Maker Lily Flames Out, Despite $34M In Pre-Orders
San Francisco-based Lily, the crowdfunded developer of a drone specifically designed to follow its users around and to take selfies, has shut down. According to the company--which raised an immense $34M in pre-orders and another $14M in venture financing--it has been unable to secure financing "to unlock our manufacturing line". Lily said it plans to wind down the company and offer refunds to its customers.
posted on Thursday, January 12, 2017
Related companies:
Selfie Inc.
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