Nextbit received $18 million in funding but few know what the company does.
Tom Moss and Mike Chan, both Google veterans who worked on Android, are working on the company which has only been described in broad terms.
The startup has apparently changed "the core user experience in a mobile OS," according to TechCrunch, but it isn't a separate strain of the Android OS. So, how can a mysterious startup without a product or revenue garner funding? Well, it's because of the company's founders, both Android vets with impressive resumes. Moss created 3LM, a company that was bought by Motorola Mobility in 2011, and both Chan and Moss were Accel Partners entrepreneurs-in-residence.
Both say that they are keeping quiet about their startup because of worry that bigger competitors could take over their idea.