London-based Zobi, makers of home digital guardian tool Hedgehog, has raised €1.5 million.
"Zobi's ability to conceive, quickly sell and deliver a simple home security solution, while overcoming numerous obstacles, impressed the Loyal team during our extended due diligence and led to our investment," comments Loyal VC Partner Kamal Hassan.
Founded in 2018 and launched in 2020, Zobi’s first product, Hedgehog was unveiled at CES in January of this year. The investment will see the firm bring the Hedgehog product to market as well as fuel further ambitions of creating Zobi Home Intelligence.
With 59% of employees using their work passwords on personal devices, and working from home being the new normal, this presents a significant security risk to businesses everywhere.
Zobi's technology is compatible with existing home hardware and software, i.e. router, firewalls, and anti-virus software, and provides protection for all people, devices, and networks under one roof.
Hedgehog is expected to officially launch in the second half of 2021.