Thursday, February 6, 2014
MicroPower Turns To Financing To Spur Demand
San Diego-based wireless video surveillance developer MicroPower Technologies--which was part of the EvoNexus business incubator--said this week that it has started up a financing program, to spur demand for its surveillance systems. The startup said it will provide installment purchases and financing for its products, which use solar power and lower power technology to make it easy to deploy outdoor and perimeter surveillance cameras. MicroPower is backed by Karmel Capital, Motorola, and the Tech Coast Angels. The company is led by Aaron Tankersley. The company raised a round of funding last August.