Olio Smart Watch Closes $10M Round, Intros Gold-Plated Versions

olioOlio, makers of one of the more interesting high-end smartwatches, says it has just closed a $10 million Series A funding round led by New Enterprise Associates. In addition, the company has put on sale its latest round of limited-edition watches, led by versions plated in yellow or rose gold.

As we’ve written previously, Olio has developed its own hardware and software based on the idea of not just sending notifications to your wrist, but of learning which notifications are important. It works with both Android and iOS phones. The devices themselves are pretty impressive: substantial and watch-like.

The first round of 500 watches each of a steel and black versions sold out. One thousand more of each of those are now available, and 100 units each of yellow and rose gold-plated versions are also for sale. Different styles of link and leather bands are available depending on the model. Pricing ranges from $595 to $1395, with a $250 “friends and family” discount for early movers.

The money, the company says, will be used for product development and manufacturing.

Hajj Wearable to Help Pilgrims Navigate

hajj guider

It may be difficult for non-Muslims to understand the scale of the Hajj, when more 2 million people descend on Mecca and Medina in Saudi Arabia each year to participate one of the holiest obligations of Islamic life. It’s a logistic nightmare — housing, transportation, food, crowd control, health care, policing, and other governmental functions like visas, […]

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Nike and Apple Agree to Settle FuelBand Class Action Suit

We got an apparently legit e-mail this evening informing us that we were entitled to a $25 Nike gift card as a settlement in a class action suit against Nike and Apple. Say what? It turns out that a) there was such a suit, alleging that the companies knowingly made false claims about the health […]

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Aviation Wearable Keeps Planes in the Air

ReMoTe: Guardian Mentor

The Australian aerospace company TAE will soon begin commercializing wearable gear that will help aircraft technicians keep airplanes flying. A story in the Australian Financial Review says Guardian Mentor Remote, developed by the Australian national science agency CSIRO, comprises a headset and visor that can let technicians bring in experts to help wherever they are in […]

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Apple’s Earnings Are Up; Doesn’t Break Out Watch Sales [Updated]

Apple announced its second quarter earnings today, up 38 percent supported by big sales increases in China and strong iPhone demand. The company did not break out Apple Watch sales, lumping them instead with Apple TV, Beats products, and iPods. Sales for that group of products grew 49 percent in the second quarter, to $2.64 […]

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HTC Grip Wristband: Ummm, Never Mind

HTC, back in March, unveiled its Grip fitness tracker in partnership with Under Armour, the clothing maker that’s been making a big noise in fitness apps. It was slated for a “spring” release. Now on the cusp of July, HTC acknowledges that it’s pulling back, saying the product needs more work and will come out […]

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Anandtech on Apple Watch: A Geeky Thumbs-Up

Anandtech was one of the web’s first deeply geeky tech sites, and its review of the Apple Watch is about what you’d expect: long on speeds and feeds and kind of unsophisticated about usability case. The bottom line: the Watch is the first wearable to sell the millennial author on the idea of wristware, but […]

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Cheap Smart Shoes Coming from Xiaomi

xiaomi-logo

Xiaomi is best known in the US for a $9 smart band that’s only sold in China. Now there’s word that the company’s getting into the athletic shoe business. According to the International Business Times, Xiaomi is teaming up with sporting goods maker Li Ning to equip a sneaker with a motion sensor, which will […]

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Is Garmin Signaling A Price War?

Garmin-Logo

We noticed yesterday, while looking for something else entirely, that Garmin took a big hit in its stock price, dropping from about $46 to as low as $40 before recovering to $43. While we try to stay away from stock analysis (being much better at product than finance), the reason for the drop signals something […]

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Details of Samsung Orbis Smartwatch Are Emerging

SamMobile, a site that tracks Samsung’s mobile business, is out with tech details of the upcoming Orbis smartwatch, which will apparently be called the Gear A. An SDK indicates that the watch, which will have a circular screen, will continue Samsung’s commitment to the Tizen operating system. It will use Exynos 3472 dual-core processor with 768MB […]

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