The start-up behind a digital guardian ‘Hedgehog’ has raised £1.1 million.
Zobi’s first product detects and prevents cybercrime and suspicious activity across multiple devices in the home network.
Compatible with existing tech, Hedgehog works alongside a household’s broadband router, firewalls, anti-virus software and other home security products.
London-based Zobi will be launching a suite of software products over the coming months, giving consumers more tools to protect their homes and devices, ahead of the expected launch of Hedgehog in the second half of 2021.
The funding has been raised through a blend of angel funding, a Seedrs crowdfunding campaign and Venture Capital led by Loyal VC and Worth Capital following a launch at CES in January 2021.
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“I am thrilled not only to close a successful $1.5m fundraise but to share our journey and vision with over 900 investors, many who came through crowdfunding platform Seedrs,” said Zobi founder Scott Lever.
“Having the backing and mentorship in the guise of Worth Capital, Loyal VC and our advisors puts us in a strong position for hypergrowth.”
Kamal Hassan, Partner at Loyal VC, commented: “Zobi’s ability to conceive, quickly sell and deliver a simple home security solution, while overcoming numerous obstacles, impressed the Loyal team during our extended due diligence and led to our investment.”