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May 11, 2015 6:18 EST

Cyclops Gear: Action Cams Wearable Tech

iCrowdNewswire - May 11, 2015

Cyclops Gear

Action Cams Wearable Tech

Denver, CO

 
  • FUNDING ROUND
  • Status TAKING RESERVATIONS
  • Target $275,000
  • Reserved $125,000
  • Pre-money Valuation $2,000,000

 

  • SUMMARY
  • Team Exec team with 2 previous successful startups
  • Performance 2014 Revenue of $429K; 750% growth vs. 2013
  • Customers Wal-Mart, Sam’s Club, Amazon
  • Potential Acquirers Under Armour, Oakley, Nike
  • Advisors Bill Schmidt, Former CEO of OAKLEY

PRODUCTS

Video Recording Sunglasses, Goggles, Action Cameras and Scuba

Cyclopsgear.com/Productlist

TEAM

Mark Krause, Founder and CEO

Mark has a background in finance and sales. Being a professional windsurfer for 3 years allowed him to see the huge potential in hands free video recording. Mark excels in e-Commerce and Sales. He started Cyclops Gear in 2012.

Paul John, Vice President

Paul has a successful career in marketing, sales, finance, banking and startups.

 

  • ADVISORY TEAM
  • Bill Schmidt
    Advisory Boad Member
    Former CEO of Oakley and VP of marketing at Gatorade.
New CGX2 is Here
Cyclops Gear is proud to announce the release of our new action camera the CGX2. We will begin taking pre-orders on this camera at the start of next week. Some of the great features we added to the CGX2 are a removable battery, 2″ LCD screen, a stronger case for deeper diving of up to 60m. A better sensor for a sharper 1080 at 60fps, a 2.4g RF remote and Wi-Fi to control from your smart devices. All this with a suggested retail of 199.99.

Yes we did!

 

FINANCIALS

  • HIGHLIGHTS
  • Revenue2014 Revenue of $429K; 750% growth vs. 2013

DEAL DETAILS

  • FUNDING ROUND
  • StatusTAKING RESERVATIONS
  • Target $275,000
  • Pre-money Valuation$2,000,000
  • Round Type Equity
  • Entity Type LLC

 

 

Contact Information:

Mark Krause
Paul John

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