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Google acquires venture capital-backed technology company Flutter

10 Oct 2013

exit_wayout_170sqThe venture capital backers of Flutter have sold the technology startup to Google.

The company was owned by US-based firms Andreessen Horowitz, NEA and Y Combinator and Chinese venture capital firm WI Harper Group, which did not disclose the financial terms of the deal.

Flutter’s technology enables users to control computers and mobile devices through hand gestures.

WI Harper Group founder and chairman Peter Liu said, “Our investment in Flutter is part of our early stage strategy to identify and back talented teams with strong technology and an incredible vision which has deep synergies with our extensive global network in the mobile ecosystem.

We were delighted to invest alongside Andreessen Horowitz, NEA & Y-Combinator.”

Other companies backed by WI Harper include digital wallet and credit card company Wallaby Financial, which raised a $1.1m round last year.

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