Akita raises $700,000 crowd-based funding on Kickstarter

Akita, an IoT device watchdog station raised approximately $ 700,000 crowdfunding on Kickstarter. With 7000 plus backers, the startup promises to provide instant privacy for connected products.

Instant Privacy for Smart Homes

The device performs three core activities i.e. scans connected gadgets/devices, blocks compromised devices and notifies the users of known issues. Akita comes with full support and help desk monitoring powered by Axius.

This device connects to a LAN port on users’ home router (not inline). The startup describes the device working as follows:

“Akita uses a custom form of WiFi sniffing to detect questionable packets and send them to our servers to be analyzed (this is why the hardware can run on low memory/CPU, because it’s mainly a cloud-based system). Once the packets are determined to be malicious, a command is sent from our servers back to the Akita device; this includes custom protocol commands to disconnect the device from the network router.“

Akita’s Kickstarter received significant backing (both in terms o the number of backers and funds raised from the campaign), though, it only aimed to raise $ 30,000 initially.

The rise in popularity of privacy and network security devices is understandable. A home network, with several connected devices, need robust protections. That’s where other startups like Dojo and F-Secure also promise to secure network traffic and identify rouge devices.

Readers might visit the Postscapes Connected Device Security guide to understand how other devices in the same niche work and how Akita stacks up against its competitors.


Postscapes: Tracking the Internet of Things

Smart devices connectivity startup Triggi raises $1.3M

Triggi, an IoT device connectivity startup from the Netherlands raised $ 1.3M. The investment round was led by Pim Schmitz, the CEO of Talpa.

Triggi Android App

Triggi helps Philips Hue, Fitbit, Amazon Alexa, Next Thermostat, and other connected devices talk to each other. The founding team previously launched Toon, a European equivalent of Next Thermostat. Triggi will use the funding proceeds to fast-track the development of the platform.

Customers can connect online services and smart devices to each other using Triggi. For instance, one can set the alarm automatically if not at home. Or switch on the lights when the sun goes down.

The startup defines a ‘Trig’ as a “personal selection of conditions and actions to make something happen through the Triggi app. A condition is a thing that should happen for the trigg to start. A trigg consists of at least one WHEN condition and one THEN action”.

There are other connectivity services as well, like IFTTT and Zapier primarily for connecting web services. However, Trigg is aimed towards ‘connected devices’ that might need multiple conditions and triggers to be able to connect to each other.


Postscapes: Tracking the Internet of Things

KaHa raises funds to drive its consumer IoT expansion plans

Singapore-based consumer IoT company, KaHa has successfully been able to raise fund for its IoT initiatives. A total of USD4.5 million is invested in KaHa, which will help drive the IoT company’s expansion plans.

KaHa provides IoT platform and solutions for smart wearables and watches. The company also announced a partnership with Titan. Recently Titan launched its first offering on KaHa platform, the “Titan WE” smartwatches for woman.

KaHa’s fully-customisable, end-to-end smart wearables consumer IoT solutions can be plugged into any stage of the value chain. It is focussing on further growing its leadership position by opening an innovation centre in Geneva, which will be one of the biggest innovation centres for watches.

KaHa’s IoT platforms, COVE and COVEnet is powering Titan smart range with both companies working jointly towards a vision of making seamless technology integration with world-class design. Its immediate mission is to bring freedom and security to urban women, by utilising KaHa’s unique safety, wellness and health functions.

With partnerships and funds, KaHa is ready to meet the growing needs of this wearables global market.   Read more…

The post KaHa raises funds to drive its consumer IoT expansion plans appeared first on Internet Of Things | IoT India.

Internet Of Things | IoT India

Australian smart buildings company Quantify raises $5M in capital

Quantify Technologies, a publicly traded IoT company that develops smart/intelligent building applications and solutions has raised $ 5M in new capital.

The company trades on the Australian stock exchange under the ticker QFY and raised the funds by issuing 83M new shares to new and existing investors at 6 cents a share. Quantify will use the funding proceeds for the testing of an integrated Amazon Alexa/Q Device product they are developing.

“These funds will also allow us to accelerate development of further enhancements and integrations of technologies such as Amazon Alexa to further redefine the IoT industry standard and to make our solution the platform of choice,” Mark Lapins, head of Quantify Technologies.

The Q Device by Quantify can be used to control multiple IoT-based in-home devices. The core solution can be deployed at the time of a building’s construction or retro-fitted later.

Rolling out IoT solutions across an enterprise is considered a tough ask, especially when organizations have heterogeneous system operating upon different standards. This is where Quantify makes a difference by eliminating the needs to install dedicated gateway devices or communications hubs. It offers a core control and reporting API for the purpose.


Postscapes: Tracking the Internet of Things

Bolt IoT platform raises $40K in crowdfunding from its Kickstarter campaign

Bolt, an integrated IoT hardware kit comprising of Bolt WiFi chip, Module, Cloud, mobile apps, and APIs launched its Kickstarter campaign and raised $ 40,000 pledged of $ 10K goal through 875 backers.

Bolt Hardware

A key differentiation of Bolt from other IoT kits is the former’s cloud platform has machine learning algorithms that users can run on their sensor data. The other aspect is that Bolt has ‘packaged’ the IoT development hardware and software in a way that lets developers launch a project from zero using the Bolt solution.

The Kickstarter offers by Bolt starts from the basic $ 17 Bolt IoT platform and upsells to $ 650 legendary kit. Typical use cases of Bolt platform are home automation, temperature monitoring, soil monitoring, and other real-time monitoring use cases.

Smartphone App

A complete feature list of the platform can be accessed on Bolt’s campaign page. The product is primarily aimed towards makers, hobbyists, and developers planning to build an IoT product (with ML capabilities baked in). Third party services like Twilio, Mailgun, Zapier, and IFTTT can be appended to Bolt and lets developers make custom made alert/notification systems.


Postscapes: Tracking the Internet of Things