SNUPI (Sensor Network Utilizing Powerline Infrastructure) Technologies announced Tuesday that it has received $1.5 million in funding from venture capital firms Madrona Venture Group and Radar Partners, as well as several of the company’s founders.
The company’s key technology is a wireless sensor that can go decades before it needs a battery changed. The sensor can detect environmental hazards, such as mold, carbon monoxide and radon. It could also be used to monitor humidity or mechanical motion. It was developed by UW CSE professor Shwetak Patel, UW CSE graduate student Gabe Cohn, and Georgia Institute of Technology professor and Matt Reynolds. These three, along with UW CSE alumnus Jeremy Jaech (co-founder of Aldus and Visio), are the founders of the company; Jaech will serve as CEO.
Read about it in GeekWire, the Seattle Times, Puget Sound Business Journal, msn MONEY, …