Tech Company Financing Transactions
SNUPI Technologies Funding Round
On 1/13/2014, SNUPI Technologies announced $7.3 million in Series A funding from Washington Research Foundation, Madrona Venture Group and private investors.
Transaction Overview
Company Name
Announced On
1/13/2014
Transaction Type
Venture Equity
Amount
$7,300,000
Round
Series A
Investors
Washington Research Foundation (Lead Investor)
Madrona Venture Group (Thomas Alberg)
Proceeds Purpose
The company will use the capital to fund the roll-out of WallyHome, the company's first product in the Wally line: an innovative wireless sensor network for the home.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1415 NE 45th St.
Seattle, WA 98105
USA
Seattle, WA 98105
USA
Phone
Website
Email Address
Overview
SNUPI Technologies -- for Sensor Network Utilizing Powerline Infrastructure -- is building a communications platform that can support a wide variety of environmental sensors capable of detecting water leaks, carbon monoxide, smoke, mold, methane, argon, and other hazards.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeremy Jaech
Founder
Shwetak Patel
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