News From Anchor, eero, Nuzzel and Elroy Air

February 19, 2019

It’s been an acquisitive last few weeks for a few of our portfolio companies where we’re supporting investors:

Anchor, the best way to make your podcast, was acquired by Spotify. We’ve been incredibly impressed by the product quality and iteration speed of the Anchor team. A very savvy, strategic pickup by Spotify.

eero, the best home WiFi system, was acquired by Amazon. This team was incredibly prescient on what future of home networking could look like, and built a superior product. We’re proud to see Amazon recognize this as well!

Nuzzel, our favorite news aggregation app, was acquired by Scroll. We use Nuzzel daily and are glad to see the product find a good home.

And another supporting investment shared a bit more about what it's up to: Elroy Air has raised $9.2m for its large scale, autonomous cargo drone that can carry up to 500 pounds. If this sounds awesome to you (it should!), they’re hiring Engineer and Designer roles in SF.