BeON Home, a Cambridge, MA-based creator of a Bluetooth Smart-enabled home protection system that provides preventative security and emergency lighting, secured $2.9m in funding.
The round was led by Jopeko, LLC, with continued participation from existing and new investors.
The company, which brought total funding to date to nearly $5m, intends to use the funds to accelerate growth and expand its product line.
Founded in 2013 by Arvind Baliga, Martin Forest and Alexei Erchak, BeON Home provides the BeON Home Protection system, which features everyday safety lighting, emergency lighting during power outages or smoke alarms and preventative home security. The system is made up of smart modules that fit inside corresponding LED light bulbs, which provide 22 years of efficient lighting and energy savings that pay for the system over.
The company recently announced expanded availability and compatibility with international shipping, an Android mobile app, and retail presence on Amazon.
FinSMEs
06/02/2016