Israeli startup Sensibo, which develops Internet of Things (IoT) solutions for appliances, has closed a $2.6 million seed funding round led by Motus Ventures with the participation of Lool Ventures.
The Tel Aviv-based company has also announced the launch of Sensibo Inside, its newly launched turnkey IoT solution that enables original equipment manufacturers (OEMs) and distributors to turn any appliance into a smart device without the need for expensive and lengthy R&D cycles or product redesign. Sensibo is partnering with Blue Star, a leading air conditioning company in India, to integrate Sensibo Inside in homes across India.
Sensibo CEO Omer Enbar said, “For manufacturers, not enabling appliances to connect and communicate is a missed opportunity, but the associated R&D costs, hardware and software integration efforts and time to market have made it difficult and oftentimes not feasible. Sensibo Inside, on the other hand, can be preinstalled at the factory or retrofitted into any air conditioner and other appliances, in under 60 seconds.”
Motus Ventures managing director Jim DiSanto said, “Sensibo is the building block of smart connectivity. It immediately and inexpensively turns any appliance into a smart, connected device, presenting an opportunity for manufacturers to better engage with customers and expand from simply selling products to providing real-time, actionable and revenue-generating insights.”
Blue Star will integrate Sensibo Inside to connect air conditioners to the cloud, immediately enabling remote monitoring and control, scheduling and autonomous operations. Air conditioners will automatically turn off when the home is empty and turn back on before everyone’s arrival, fostering advanced energy savings.
Sensibo is a scalable and reliable climate control solution, bringing value to distributors, OEMs and customers. The Sensibo platform provides OEMs with an advanced analytics engine that turns millions of data points generated by customers into meaningful visual and accessible reports. Sensibo’s platform improves customer service by responding to malfunction alerts and automatically sending notifications for air filter replacement.
Published by Globes [online], Israel business news - www.globes-online.com - on September 13, 2016
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