BeON Home Secures $2.9M in Additional Funding
BeON Home has secured $2.9 million in additional capital for its Bluetooth smart-enabled home protection system. The funding brings BeON's total investment to date to nearly $5 million.
BeON Home, makers of a Bluetooth Smart-enabled home protection system that provides preventative security and emergency lighting, announced it has secured $2.9 million in additional capital. The round was led by Jopeko, LLC and included continued participation from existing investors and multiple new investors. The investment will accelerate BeON's growth and expand its product line. This funding brings BeON's total investment to date to nearly $5 million.
"All too often, smart-home technology ignores one of two basic premises: practical functionality or a simple user experience. When a product addresses both concepts it is free from early adopter limitations and has the potential to change paradigms. The BeON Home Protection system is one of the only smart-home products we've seen that does this, and as a result it addresses a mass-market need. They've hidden two of the most requested features for any smart home – security and safety – inside an energy efficient LED bulb that anyone can use and understand. We're excited about future products from BeON that apply that same simple design philosophy," says Joseph Kolchinsky, managing director of Jopeko LLC.
The BeON Home Protection system includes safety lighting, emergency lighting during power outages or smoke alarms and preventative home security that makes it look like you're home, even when you're not. The BeON home protection system is made up of BeON smart modules that fit inside corresponding LED light bulbs. The BeON bulbs provide 22 years of efficient lighting and energy savings that pay for the system over time; and because the smart technology is in the replaceable module, the bulb itself never needs to be replaced.
"Lighting is a critical part of any home protection system. For example, right now your home is the only place without emergency lighting – you have it in schools, stores and offices – literally everywhere except where you need it most. Advanced lighting usually comes with a price tag reserved for expensive, professionally installed lighting systems. We're making security and safety lighting simple, accessible, and affordable for anyone," says Alexei Erchak, CEO of BeON Home. "This funding will help BeON accelerate in bringing new types of safety and security to even more people's homes."
BeON recently announced expanded availability and compatibility with international shipping, an Android mobile app, and retail presence on Amazon. Additional platform integrations and product developments are on BeON's roadmap for 2016 to enhance preventative security and safety functionality even further.
Secure Your Free Pass to CEDIA EXPO 2019
Register before Sept. 2 to gain free access to the opening keynote, product training & education series as well as the show floor including Innovation Alley and much more. Don’t miss your chance. Sign up today.
Jason Knott is Chief Content Officer for Emerald Expositions Connected Brands. Jason has covered low-voltage electronics as an editor since 1990, serving as editor and publisher of Security Sales & Integration. He joined CE Pro in 2000 and serves as Editor-in-Chief of that brand. He served as chairman of the Security Industry Association’s Education Committee from 2000-2004 and sat on the board of that association from 1998-2002. He is also a former board member of the Alarm Industry Research and Educational Foundation. He has been a member of the CEDIA Business Working Group since 2010. Jason graduated from the University of Southern California. Have a suggestion or a topic you want to read more about? Email Jason at email@example.com
Follow Jason on social media:
Control & AutomationProduct Briefs: Zigbee Milestone; Metra at Nationwide; Kenny Wayne Shepard, Dolby Atmos
Escape CEDIA Expo! First-Ever Delos Wellness Pavilion Offers Biophilic Refuge
CEDIA Find: Cellgate’s Cell-Based Access Control with Streaming Video; Control4 Integration
How ADG Successfully Added Lighting Design and Electrical to its A/V
How Vantage Does Human-Centric Lighting: Sun as a ‘Phantom Load’
View more on Control & Automation