SNUPI Technologies, a Seattle, WA-based provider of sensor networks and home health monitoring services, closed $7.3m in Series A funding.
The round was led by Washington Research Foundation Capital with participation from Madrona Venture Group and other unnamed investors.
The company intends to use the funds to will use the capital for the roll-out of its first product WallyHome.
Led by CEO and co-founder Jeremy Jaech, SNUPI Technologies has developed an innovative wireless sensor network for the home. WallyHome is a comprehensive network solution that pairs a hub and six wireless sensors, which are placed near appliances or in hazard-prone spaces, to create a smart home platform. It notifies homeowners and their alert contacts instantly via email, text or push notification of water leaks, abnormal changes in temperature and humidity readings, or potential hazards, such as conditions for mold. It also provides a dashboard, available through the web and the Wally app, to view current home conditions and trends over time.
FinSMEs
13/01/2014