Kakai , an incredibly secretive Santa Clara, Calif., company (even though it has more than 40 employees already), has raised $50,000 of a targeted $100,000 round of options, warrants and securities, according to a filing with the SEC . A past TechCrunch story on the company suggests that it is building a fancy new electronic reader, and an old job listing mentioned something about a Linux-based consumer electronics product.
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Chegg founder’s stealthy Kakai may be building gesture-based consumer device
