Temasek-backed fund leads $25m round in US-Israeli smart device services firm

Photo: REUTERS/Beawiharta

CellSavers, a U.S.-Israeli company that provides instant services for smart devices, said on Tuesday it was changing its name to Puls and that it raised $25 million in a new funding round.

The round was led by Red Dot Capital Partners — a Temasek Holdings backed growth fund — and also included new investors Samsung Next, Maverick Ventures and Kreos Capital as well as participation from existing investors Sequoia Capital and Carmel Ventures.

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