isocket is a technology company.
isocket has raised $13.0M across 2 funding rounds.
Key people at isocket.
isocket has raised $13.0M in total across 2 funding rounds.
iSocket Systems is a technology company specializing in smart home and IoT solutions, primarily through its flagship iSocket smart plugs that monitor power outages, temperature changes, water leaks, and other alarms via cellular networks without needing Wi-Fi.[1][3][5] It serves consumers, businesses, and critical sectors like healthcare (e.g., vaccine storage monitoring), solving problems related to remote site security, power reliability, and environmental hazards by sending instant notifications to phones.[1][3] The company has over a decade of market presence, with products like iSocket Pro (ISPROUS) offering plug-and-go setup since 2021, optional sensors for smoke, motion, or gas detection, and an IoT portal for management; it has earned recognition such as awards from the Thread Group (2015) and IoT/M2M Innovation World Cup.[1][3][5]
(Note: A separate, unrelated entity named iSocket was a digital advertising platform founded in 2008, acquired by Rubicon Project in 2014, focused on programmatic direct sales tools for publishers and advertisers.[2] This analysis centers on iSocket Systems, the active smart home technology company matching the query's description.[1][3][4])
iSocket Systems, based in UK/USA/Finland and operating as iSocket Systems Ltd., launched its intelligent socket products over a decade ago to address power outages, safety, and security for homes and businesses.[1][4][5] The idea emerged from early foresight into IoT and mobile standards, predating widespread adoption; founders innovated power outage monitoring with devices like iSocket 3G, which included developer features and apps for iOS/Android.[1] Pivotal moments include the 2015 CECO HOME ecosystem winning a Thread Group award and selection for the IoT/M2M Innovation World Cup among 400 global submissions, plus demos at events like The Next Web Conference (2016) and IoT Connect Show.[1] By 2021, it evolved to plug-and-go models with integrated cellular connectivity, building on 10+ years of reliability to expand into enterprise and healthcare use cases.[3][5]
iSocket Systems rides the IoT and smart home wave, particularly the shift to cellular-enabled, Wi-Fi-independent devices amid rising demand for reliable remote monitoring in a post-pandemic world with supply chain vulnerabilities and climate-driven outages.[1][3][5] Timing aligns with maturing LTE-M/NB-IoT standards it anticipated years ago, plus growth in edge computing for healthcare (e.g., cold chain logistics) and security, where market forces like increasing blackouts and regulatory needs for vaccine storage favor its no-infrastructure model.[1][3] It influences the ecosystem by pioneering outage-focused IoT, earning awards that validate Matter/Thread-like interoperability, and serving as a bridge for consumers/businesses adopting smart tech without complex setups.[1]
iSocket Systems is poised for expansion in enterprise IoT monitoring, leveraging its battle-tested reliability to capture shares in healthcare, critical infrastructure, and smart cities amid escalating outage risks from grid strain and weather events. Trends like 5G IoT proliferation, AI-driven predictive alerts, and stricter compliance (e.g., for cold storage) will accelerate adoption, potentially through partnerships or ecosystem integrations like expanded CECO HOME. Its influence may grow by setting standards for cellular-first smart plugs, evolving from niche innovator to mainstream reliability leader—reinforcing its core promise of prompt, life-saving notifications in an increasingly connected, unpredictable world.[1][3][5]
Key people at isocket.
isocket has raised $13.0M in total across 2 funding rounds.
isocket's investors include Avalon Ventures, Imagination Capital, 10100, Blumberg Capital, Chicago Ventures, Cowboy Ventures, Expa, Foundry Group, High-Tech Gründerfonds, Innovation Endeavors, LAUNCH, Lightspeed Venture Partners.
isocket has raised $13.0M across 2 funding rounds. Most recently, it raised $5.0M Series B in February 2014.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2014 | $5.0M Series B | Avalon Ventures, Imagination Capital | |
| Oct 1, 2012 | $8.0M Series A | 10100, Blumberg Capital, Chicago Ventures, Cowboy Ventures, Expa, Foundry Group, High-Tech Gründerfonds, Innovation Endeavors, LAUNCH, Lightspeed Venture Partners, Lowercarbon Capital, Offline Ventures, Outlander Labs, Sequoia Capital, Slow Ventures, Sound Ventures, Uncork Capital, Erik Moore, Joe Stump, Justin Mateen, Matt Mazzeo, Rich Miner, Sahin Boydas |
