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Wearable Tech Insider

The Inside Word on Wearables and Wearable Technology

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

July 30, 2015 By Dan Rosenbaum

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

Olio, 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 … [Read more...]

First-Day US Apple Watch Sales Estimated At About 1 Million

April 13, 2015 By Dan Rosenbaum

Someone tell Tim Cook that he can start the production line. The e-commerce consulting company Slice Intelligence estimates that 957.000 Apple Watches were pre-ordered on Friday, the first day of "availability." The average customer bought 1.3 watches, and spend $504 per watch. Sales were skewed to the less-expensive Sport watch -- 62 percent of those buying -- at $383.83 … [Read more...]

New Boutique Watch Company, Olio, Launches Smartwatch

March 26, 2015 By Dan Rosenbaum

New Boutique Watch Company, Olio, Launches Smartwatch

There have been one or two smartwatch announcements over the last year, mostly coming as extensions of already well-established companies. For all the trumpeting, (and with Pebble as a very notable exception), actual new smartwatch companies are pretty thin on the ground. That's one reason that Olio is so interesting. Here's a company, based in Silicon Valley, with roots in … [Read more...]

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