Todd Pedersen

Trident IoT Completes $10M Fundraising Round; Welcomes Vivint Founder Todd Pedersen to the Board

Posted by Jay Bartlett April 12, 2024 4:10 am Categories: Corporate News. Tags: Todd Pedersen, Trident IoT, Vivint.

Trident IoT focused on decreasing time-to-market for connected device manufacturers, announced completion of a $10 million fundraising round. Trident IoT offers Z-Wave silicon solutions and product design and development consulting services for any RF technology. This latest fundraising round will allow the company to expand silicon/hardware solutions development, engineering support, and certification preparation services across the gamut of IoT and connectivity platforms, including Z-Wave, Zigbee, Thread, Matter, LoRa and more.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.