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Los Angeles-based Belkin International , the computer accessories and products developer led by Chet Pipkin, said this morning that it has expanded its offices in Seattle, and created a new R&D lab called WeMo Labs. wemo labs belkin research internet things device seattle expansion unniversity washington' READ MORE>>.
Los Angeles-based Phyn , which develops "smart home" technology to both monitor water usage and also help prevent major water damage, has inked a deal with an insurance company to offer up its technology to consumers. The company is backed by plumbing giant Uponor, and is a spinout of Belkin International.
Los Angeles-based Phyn , the Belkin spinout which is developing very advanced, machinelearning-driven smart water usage monitoring systms, has raised $12M more in a funding round, the company announced on Thursday. The funding came from Belkin International and Uponor, both prior investors in Phyn.
Torrance-based Phyn , the developer of the remarkably advanced water monitoring technology spun out of Belkin, said today that it has raised another $10M in funding, from current investor Uponor. According to Phyn, the new investment will go towards market penetration and to scale the company's operations.
However, that makes it an area ripe for technology innovation. We talked with Ryan Kim , the company's CEO, to learn more about the company, how it spun out of Belkin's WeMo efforts, and how water usage is a huge area ripe for innovation. Tell us the story on how Phyn spun out of Belkin? All technology things.
Torrance-based Phyn , the Belkin spinoff which develops very advanced hardware used to monitor the usage of water in the home, has expanded its portfolio of products, the company said over the weekend at CES. That technology uses machinelearning and other techniques which can detect leaks and specific usage of different fixtures.
As technology prices drop, so does the barrier to entry for innovation. Maybe you don’t, but when you attach an IoT device like the Belkin insight switch between your wall and fridge you quickly find out your refrigerator’s annual energy consumption alone costs more than a brand new appliance. Sound complicated?
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