Trident IoT Raises $10M for Z-Wave Silicon Expansion

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Trident IoT, a leading silicon provider and RF technology company based in CARLSBAD, Calif., has successfully completed a $10 million fundraising round. This achievement marks a significant milestone for the company, allowing them to enhance their silicon/hardware solutions development, engineering support, and certification preparation services for a wide range of IoT and connectivity platforms, including Z-Wave, Zigbee, Thread, Matter, LoRa, and more.

The fundraising round was spearheaded by entrepreneur Todd Pedersen, the founder of distinguished Smart Home companies Vivint and Vivint Solar. Todd Pedersen is set to bring his expertise and vision to the Trident IoT Board of Directors, signaling a promising future for the company.

Trident IoT is set to allocate the newly acquired funds towards the advancement of its AI division, focused on creating specialized AI tools to expedite IoT product design processes. Additionally, the resources will support the scaling of engineering capabilities and hasten the development of essential design tools such as pre-FCC-certified SIPs, SDKs, and reference designs.

Mike Lamb, CEO, and co-founder of Trident IoT emphasized the company’s steadfast commitment to innovation and wireless technologies. He envisions a future where new IoT product design timelines are dramatically reduced, from 18 to 24 months down to 4 to 6 months, meeting the evolving needs of customers and technological advancements seamlessly.

Moreover, Trident IoT’s designation as an official Z-Wave device certification testing lab by the Z-Wave Alliance further solidifies its position in the industry. This approval, along with the company’s comprehensive range of services spanning Z-Wave silicon, certification, and cross-platform engineering, cements Trident IoT as a key player in the IoT landscape.

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For more information about Trident IoT’s offerings and capabilities, visit TridentIoT.com. With a strong focus on innovation, customer satisfaction, and technological advancement, Trident IoT is poised to revolutionize the realm of connected device technology, with Todd Pedersen’s invaluable guidance steering them towards a successful future.

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Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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