Wyze Raises $20M in Series A Funding

wyzeWyze Labs, Inc., a Seattle, WA-based maker of smart home products, raised $20m in Series A funding.

The round – in addition to the previous seed funding investment from iSeed Ventures – was led by Norwest Venture Partners.

The company intends to use the funds to grow their existing team, as well as bring more products to the smart home ecosystem.

Led by Yun Zhang, Co-Founder and CEO, Wyze Labs makes quality smart home technology accessible to everyone via partnershis with innovators and manufacturers.
The round follows the company’s success in selling over 1.5 million units of its first products, Wyze Cam and Wyze Cam Pan, since launching in October 2017.

FinSMEs

01/02/2019

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