Tech Company Financing Transactions
Phyn Funding Round
Phyn, based in Torrance, secured $12 million from Belkin International and Uponor.
Transaction Overview
Company Name
Announced On
5/13/2019
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Uponor (Jyri Luomakoski)
Proceeds Purpose
The new investment will be used for ongoing research and product development for smart water solutions as well as continuing efforts to grow in the North American and European markets.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1855 Del Amo Blvd.
Torrance, CA 90501
USA
Torrance, CA 90501
USA
Phone
Undisclosed
Website
Email Address
Overview
Phyn's technology has been honed over nearly a decade in the labs of the University of Washington and Belkin, the hands of plumbers, and the homes of beta testers. Phyn combines high-definition pressure sensing and machine learning to give you a new understanding of your water and detect leaks throughout your plumbing system with unprecedented accuracy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan Kim
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