WiZN Systems

company

About

WiZN Systems offers home automation solutions and products that can be controlled by connecting them to the internet.

  • 1 - 10

Details

Last Funding Type
Angel
Industries
Automotive,Enterprise Software,Smart Home
Founded date
Jan 1, 2013
Number Of Employee
1 - 10
Operating Status
Active

We are a bunch of passionate engineers who are challenging the status quo. We believe that the existing low power wireless standards are not sufficient to bring the IoT revolution with 50+ Billion devices connected to the Internet. Some of the challenges with the existing technologies are: reliability of wireless communication in harsh environmental conditions; ultra low power communication budget to extend battery life and the cost of internet connectivity. We are trying to address these problems with our technology. Our stand on the IoT standardization debate is simple. The last mile connectivity can not be standardized! The reason being, unlike Internet, the IoT applications are very different. Turning on a bulb requires just one ‘bit’ versus streaming video needs data rates of the order of Mbits/sec. Hence multiple standard-based and proprietary solutions will have to co-exist to address these wide varieties of applications. And this is possible only when standardization happens at the cloud level. This will allow all the connected things to talk to each other, irrespective of their last mile communication protocol. Our endeavour is to showcase this approach with our technology and products. Consumers don’t care about the standards. They care about the experience, utility and cost. We want to provide a seamless experience to our customers - one mobile APP to take care of all their needs. Our plan is to integrate all the existing products, which our customers care about, on to our platform. And build great products, wherever there is a gap. Wish us luck.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
WiZN Systems has raised a total of — in funding over 2 rounds. Their latest funding was raised on Jan 28, 2016 from a Angel round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 28, 2016 Angel 1 Foxconn Technology Group Detail

Investors

Number of Lead Investors
Number of Investors
1
1
WiZN Systems is funded by 1 investors. Foxconn Technology Group are the most recent investors.
Investor Name Lead Investor Funding Round
Foxconn Technology Group Yes Angel