Trident IoT Secures $10 Million in Funding

April 15, 2024, 9:34 pm
Trident IoT
Trident IoT
Employees: 11-50
Founded date: 2023
Total raised: $10M
Silicon provider and RF technology company, Trident IoT, based in the USA, recently raised $10 million in funding. The investment, led by Todd Pedersen, founder of Vivint and Vivint Solar, aims to accelerate engineering support, certification preparation, and silicon/hardware solution development for various IoT and connectivity platforms. With a focus on Z-Wave, Zigbee, Thread, Matter, LoRa, and more, Trident IoT is poised to revolutionize the landscape of connected device technology. The company's vision is to reduce new IoT product design timelines from 18-24 months to just 4-6 months, with a strong emphasis on innovation and customer demands. By strengthening its AI section and creating tools tailored for IoT product design, Trident IoT is set to transform the industry and bring the next generation of IoT device solutions to market. Todd Pedersen's involvement on the Board of Directors signifies a shared belief in Trident IoT's potential to drive IoT development forward. With a team of industry veterans and a commitment to ensuring connected devices function as intended, Trident IoT is on a mission to streamline RF development, boost product success rates, and shorten time-to-market for connected device manufacturers.