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. The 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,” says Joseph Kolchinsky, managing director of Jopeko LLC. “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.”
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 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, according to the company.
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