pureLiFi, a spin-out of the University of Edinburgh in Scotland, is developing what it calls ‘LiFi’ technology, an alternative to wireless networking, such as WiFi or 5G, based on visible light communication (VLC). pureLiFi is currently in the process of raising a full VC round, which it aims to close sometime in the second half of this year. Meanwhile, recent funding will be used to support the “development and rollout” of PureLifi’s product roadmap, as well as for various marketing initiatives.
8 Companies Competing to Expand the Internet of Things Using VLC
Li-Fi is the future of mobile internet due to its decreased costs and exceptional efficiency compared to traditional WiFi, here are some of the companies competing to expand the internet of things:
pureLiFi is recognized as the leader in Li-Fi technology. Professor Harald Haas first demonstrated Li-Fi technology to the world on stage at TED Global in July 2011. Established in 2012, pureLiFi is a spin-ff from the University of Edinburgh, where its pioneering research into visible light communication has been in development since 2008 as part of the renowned D-Light project.
- DataFox Score: 837
- Location: Edinburgh, Edinburgh, City of
- Total Funding: $14.6+ million
- Recent Funding: $2.27 million in January 2015
- Investors: ITI Scotland; Old College Capital; London & Scottish Investment Partners
Enlighted improves built environments by making them responsive to the people and functions they support. The Enlighted smart sensor network controls light levels, as well as collects environmental, occupancy and activity data on the scale of individual workspaces at a 10-square-foot resolution. Enlighted's advanced analytics leverage this new, people-centric information to create new applications and opportunities for enterprise-wide efficiencies, productivity and profitability. Compared to conventional wired and new unproven wireless lighting control systems, Enlighted’s architecture uniquely provides higher reliability, greater simplicity and more customizable control.
- DataFox Score: 1019
- Location: Dublin, Ireland
- Total Funding: $55.63+ million
- Recent Funding: $20 million in August 2014
- Investors: RockPort Capital Partners; Kleiner Perkins Caufield & Byers; Intel Capital; Draper Nexus Ventures; Draper Fisher Jurvetson
Electric Imp is a startup which develops the Imp, a chip intended to provide Internet connectivity to all electrical devices. The Imp uses WiFi and a cloud service to make it easier than ever before for vendors to internet-enable their products, bringing the power of the internet to places and devices it could never reach before. The Imp card is sold to consumers and to manufacturers, and Imp-enabled devices can be accessed on the web or on mobile devices using Electric Imp's application or third-party apps.
- DataFox Score: 1026
- Location: Cambridge, Cambridgeshire GBR
- Total Funding: $23 million
- Recent Funding: $15 million in August 2014
- Investors: Rampart Capital LLC; PTI Ventures; Rampart Capital Corp; Foxconn Technology Group
EVRYTHNG is the IoT Smart Products Platform connecting consumer products to the Web and managing real-time data to drive applications and experiences. EVRYTHNG enables brands to manage billions of intelligent online identities in the cloud for their products. The world’s leading consumer product manufacturers work with EVRYTHNG to deliver real-time interactive experiences and support services, and connect with the ecosystem of other applications and products in their consumers' digital lives.
- DataFox Score: 1023
- Location: London, Ontario
- Total Funding: $7 million
- Recent Funding: $7 million in April 2014
- Investors: BHLP; Dawn Capital; Cisco; Atomico
SmartThings lets sensors communicate with each other, unlocking a new world of possibilities and resulting in the world’s most accessible and advanced open platform for the Internet of Things. SmartThings notifies users about important things that happen at home when they’re away, and turns objects like lights, fans, and other household objects into smart devices that can be instructed to work automatically.
- DataFox Score: 1007
- Location: Washington, DC
- Total Funding: $15.5 million
- Recent Funding: $12.5 million in November 2013
- Investors: Slow Ventures; A-Grade Investments; Start Fund; CrunchFund; Lerer Ventures; SV Angel; First Round Capital; BoxGroup
Revolv is a monitoring and control system that allows users to control their connected devices from a single hub. It provides a home monitoring and control solution that connects various wirelessly-enabled household items. Its gateway and web services allow homeowners to manage and control devices from smartphones, home, or away. The company’s cloud-based software connects with various wireless products such as lights, locks, sensors, and streaming entertainment systems. Revolv enables consumers to set up communication between products and to automate or control them from an application on various mobile devices.
- DataFox Score: 1001
- Location: Boulder, CO
- Total Funding: $7.32 million
- Recent Funding: $4.5 million in November 2013
- Investors: SK Ventures; Liberty Global Ventures; Foundry Group; American Family Insurance
ByteLight’s location-based marketing solution uses existing lighting infrastructure to pinpoint consumer location with unmatched accuracy. The company’s consumer engagement platform allows retailers to deliver hyper-targeted content to any shopper with a smartphone, based on precisely what aisle—or part of the aisle—they’re currently shopping. ByteLight’s game-changing location-based marketing solution uses retailers’ own lighting infrastructure to deliver custom content to consumers without the need for batteries or beacons.
- DataFox Score: 960
- Location: Boston, MA
- Total Funding: $4.25 million
- Recent Funding: $3 million in October 2013
- Investors: The eCoast Angel Network; Motorola Solutions Venture Capital; Sand Hill Angels; flywheel Ventures
LIFX claims to be the smartest light bulb ever experienced. It's a WiFi-enabled, energy efficient, multi-colored bulb that the user controls with iPhone or Android. LIFX gives the consumer unprecedented control of lights, reduces energy costs, lasts up to 25 years and delivers an amazing range of experiences consumers love.
- DataFox Score: 953
- Location: San Francisco, CA
- Total Funding: $13.32 million
- Recent Funding: $12 million in June 2014
- Investors: Sequoia Capital