Livescribe nets USD10m for smart pens

Thu Jan 19 2012, 10:14 AM

Digital pen maker Livescribe has raised a USD10m funding round from existing investors, including VantagePoint Capital Partners, Scale Venture Partners, Qualcomm, Translink Capital, Presidio Ventures, Keating Capital, Lionheart and Aeris Capital. The new investment brings the California-based company’s total funding to USD115m. Livescribe’s digital smart pens allow data recording, such as voice, while note-taking and play back the recording when a certain area of the text is tapped.

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