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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.
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.
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