Todd Pedersen, founder of Vivint and Vivint Solar, has joined the Board of Directors at Trident IoT, a silicon provider and RF technology company focused on decreasing time-to-market for connected device manufacturers. 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.
Additionally, Trident IoT recently announced the successful completion of a $10M fundraising round, which 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.
“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,” said Pedersen. “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 will invest newly raised funds toward the development of its AI division, creating purpose-built AI tools to accelerate IoT product design. These resources will also allow Trident IoT to scale engineering resources and speed the development of design tools, including pre-FCC-certified System-in-Packages (SIP)s, SDKs, and reference designs.
“Traditional engineering paths cannot match the pace of either technological innovation or customer demands,” said Trident IoT CEO and co-founder, Mike Lamb. “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.”
Coinciding with the fundraising close, the Z-Wave Alliance approved Trident IoT as an official Z-Wave device certification testing lab on Tuesday, April 9. Trident IoT will continue to expand and diversify compliance testing and certification resources for Z-Wave and other platforms, allowing the company to offer holistic support for manufacturers bringing new IoT products to market.
Learn more at TridentIoT.com.
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, Trident IoT is aimed at making connected devices work as intended. With an initial focus on companies manufacturing Z-Wave devices, Trident IoT seeks to expand and build new relationships through a human connection at every level, including certification and market knowledge.
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