ConnectedYard said it has closed a USD2.2-million seed round of funding led by Playground Global.
The round was also joined by ConnectedYard´s pre-seed investor, Tandem Capital.
pHin, the company´s first product, is reinventing pool and hot tub care by combining a BluetoothÂ® Smart and WiFi-enabled sensor, a mobile phone app and pre-measured chemicals into a subscription-based solution to take the guesswork out of maintaining chemical balance and water quality.
“The US market alone encompasses more than 14 million residential pools and hot tubs, representing a significant opportunity for pHin,” said Justin Miller, Co-Founder and CEO of ConnectedYard. “Our goal is to bring simplicity and fun to the backyard through the Internet of Things. We are very gratified to have the support of investors who are experts in deploying smart technology.”
ConnectedYard, headquartered in Silicon Valley (Campbell, Calif.), is dedicated to being the center of the connected backyard.