SNUPI Technologies Secures $7,300,000 Series A Round

  • Feed Type
  • Date
    1/13/2014
  • Company Name
    SNUPI Technologies
  • Mailing Address
    4512 University Way NE Seattle, WA 98105
  • Company Description
    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.
  • Website
    http://www.snupi.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,300,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    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.
  • M&A Terms
  • Venture Investor
    Washington Research Foundation
  • Venture Investor
    Madrona Venture Group
  • Venture Investor
    Undisclosed