Monday, August 5, 2013
MicroPower Technologies Finds $5.7M In Funding
San Diego-based MicroPower Technologies, which develops wireless, solar-powered surveillance hardware, has raised $5.7M in an equity funding, the firm said this morning. The funding came from Karmel Capital and others. The company said the new funding will go towards product development, sales, and marketing.
MicroPower--which was originally incubated in EvoNexus--develops wireless, power-efficient surveillance cameras powered by integrated solar panels. The company said its wireless technology allows surveillance cameras to be deployed in hours, rather than requiring wiring or trenching to connect those cameras, and are powered via its solar panels. The devices include both a surveillance camera and wireless, mesh network hub. The company is headed by Aaron Tankersley. The company has previously announced funding from Motorola and the Tech Coast Angels.More information »