Global Brain has made an investment in PB INC. (CEO: Daniel Daoura), a smart tracker developer, through its KDDI Open Innovation Fund Ⅲ.

First established in 2012, PB has grown from a dramatically successful Kickstarter offering to a leader in the growing asset tracking category. Founders Nick Pearson-Franks and Daniel Daoura collaborated to achieve their vision to help people stay connected to their valuables and loved ones with consumers’ cell phones. The company raised more than $200,000 in its 2014 Kickstarter campaign, wildly surpassing its goal of $30,000. PB's hardware expertise and impressive patent library are already advancing the state of the art in the crucial asset tracking category. PB aim to expand their business opportunities and develop more technical resources to continually improve and expand their product line with a finance on this round.

Together with KDDI/Soracom, Global Brain will continue leveraging its resources to support PB by assisting its penetration in the global market.

About PB Inc.

Location
Seattle, United States
CEO
Daniel Daoura
URL
https://pebblebee.com/

About KOIF

Name
KDDI Open Innovation Fund Ⅲ
General Partner
Global Brain Corporation
Fund Size
20 Billion JPY

About GB

Location
Tokyo, Japan
Representative
Yasuhiko Yurimoto
Founded
January, 1998
URL
https://globalbrains.com/