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Venture Capital News: Trident IoT Scoops Up $10M

2024-04-11
CARLSBAD, CA, Trident IoT today announced the completion of a $10 million fundraising round.
Trident IoT, a silicon provider and RF technology company focused on decreasing time-to-market for connected device manufacturers, today announced completion of a $10 million fundraising round.

The round was led by Todd Pedersen, entrepreneur and founder of Vivint and Vivint Solar, who will join the Trident IoT Board of Directors. 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.

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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