[Funding alert] CA-based Trident IoT Secures $10Million in Funding

Trident IoT, a silicon provider and RF technology company focused on decreasing time-to-market for connected device manufacturers, secures $10million in funding

It offers Z-Wave silicon solutions and product design and development consulting services for any RF technology. This latest fundraising round will allow the company to expand silicon/hardware solutions development, engineering support, and certification preparation services across the gamut of IoT and connectivity platforms, including Z-Wave, Zigbee, Thread, Matter, LoRa and more.

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This round was led by Todd Pedersen, entrepreneur and founder of Vivint and Vivint Solar, who will join the Trident IoT Board of Directors. As the founder of one of the largest home security service providers in the United States, Pedersen has been instrumental in the maturation and growth of the security and smart home industries.

Pedersen shared his thoughts as he joins the Board: “Trident IoT has a commitment to innovation, combined with a deep expertise in wireless and RF technologies, that creates a unique capacity to fast-track IoT development. This investment is a testament to the shared belief that Trident IoT can transform the landscape of connected device technology. I look forward to collaborating with the Trident IoT team to bring the next generation of IoT device solutions to market.”

Trident IoT CEO and Co-Founder, Mike Lamb said, “Traditional engineering paths cannot match the pace of either technological innovation or customer demands, Our vision is to reduce new IoT product design timelines from 18 to 24 months to 4 to 6 months. With the resources gained in this funding round, as well as Todd’s unmatched perspective on the needs of both end users and device manufacturers, we will be able to extend design acceleration services to more customers and technologies.”

About Trident IoT

Trident IoT is a technology and engineering company focused on simplifying RF development, increasing product success rates, and decreasing time-to-market for connected device manufacturers. Founded by a team of IoT veterans with over a century of industry knowledge, It is aimed at making connected devices work as intended.