LinkBee, a NYC- and Sunnyvale, California-based based IoT smart home company, closed a $6m seed funding round.
The round was co-led by Pegasus Capital Advisors and Loeb Enterprises.
The company intends to use the funds to accelerate product development and team expansion in the Bay Area.
Founded in early 2015 and led by Dr. Jason Slosberg, CEO, LinkBee id advancing a tech platform which, centered around proprietary LED light bulbs and sensors, leverages environmental feedback and intelligent, self-learning algorithms to enhance the home environment and allow customers to enjoy a safer home and energy savings.
The company plans to deploy the solution in select cities later this year and will launch nationally in 2017.