UW Spin-out SNUPI launches with $1.5 million in funding
SNUPI Technologies, a new UW spin-out company that takes advantage of the wiring already in homes to create a wireless sensor network, launched today with $1.5 million in funding from Madrona Venture Group, Radar Partners and the founders. The technology, also called SNUPI (Sensor Network Utilizing Powerline Infrastructure), was developed at the University of Washington and Georgia Institute of Technology by Professors Shwetak Patel and Matt Reynolds and others.
Co-founded by Jaech, Patel, Reynolds and UW graduate student Gabe Cohn, the company will use the financing to build the team, and to design and build the hardware and software implementations. SNUPI Technologies is based in Seattle.
Seattle Times – “UW sensor spinoff SNUPI takes flight”
Puget Sound Business Journal – “SNUPI Technologies, latest company to spin out of UW, gets $1.5M in funding”