- Solaborate announced it has raised $10 million in Series A funding from EPOS and Demant Group. These are the details about the funding.
Solaborate announced it has raised $10 million in Series A funding from EPOS and Demant Group, according to TechCrunch. Solaborate was founded by sibling team Labinot Bytyqi and Mimoza Bytyqi. And this round of funding will be used for accelerating the development of Solaborate’s new product line of HELLO devices and its cloud communication platform.
The siblings fled the war in Kosovo in 1999 and had arrived at the West Coast of the U.S. as refugees. And about 20 years later, they decide to launch a company together.
The low-priced Solaborate device integrates with smart TVs. And following two Kickstarter campaigns, Solaborate is now going to work with EPOS to combine microphones, speakers, and smart TVs to create products branded under EPOS. And these products will include Solaborate’s patented auto echo-cancellation delay.
“We believe that privacy is a fundamental human right and that’s why we engineered HELLO devices with video and audio built-in hack-proof privacy controls and end-to-end encryption for everyone’s protection and peace of mind,” said Labinot Bytyqi.
The HELLO device needs only two cables: HDMI and power. And then it turns any TV into a voice-controlled open cross-platform communication device, which supports video conferencing technology like Microsoft Teams, Google Hangouts Meet, Zoom, Skype, Cisco WebEx, Facebook Messenger, WeChat, BlueJeans, Fuze, Unify, etc.
