Horizons Ventures, the Hong Kong-based firm that manages the private, early-stage investments in the technology sector for billionaire entrepreneur, philanthropist, business magnate and Facebook and Spotify investor
Li Ka-shing, has
acquired a
$3 million stake in water damage protection technology company
HzO as part of a preferred equity investment. HzO was originally acquired by
ZAGG in 2009 but since spun off as an independent company to improve and commercialize its
'WaterBlock' technology.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/B-kwDVkq68E/
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