Tile Raises $25 Million

Electronics startup Tile just closed $25 million in financing. Three investors participated in the round: GGV Capital, Khosla Ventures, and Lead Edge Capital.

Tile is a location tracking device and app that helps users keep track of valuable items. Its tiles are low-energy Bluetooth tags designed to attach to objects like wallets, bikes, and suitcases so the objects can be traced if they go missing.

In its announcement, the company said the funding will be used to continue to fuel Tile’s  growth.