SNUPI Technologies, a Seattle, WA-based developer of low power wireless sensing technology that uses the extant wiring in homes for communication and a web service for notification, has launched with $1.5m in funding.
Backers include Madrona Venture Group, Radar Partners and founders Jeremy Jaech, CEO, Shwetak Patel and CTO Matt Reynolds.
The company intends to use the capital to build the team, and to design and build the hardware and software implementations.
The technology, also called SNUPI (Sensor Network Utilizing Powerline Infrastructure), was developed at the University of Washington and Georgia Institute of Technology by Professors Shwetak Patel and Matt Reynolds through collaboration with Professor Gregory Abowd’s research group at the Georgia Institute of Technology.
FinSMEs
12/12/2012