Startup Solink $17 Million USD Fund Raise Expands To Mass Market

By: Joey Walter, Published on Jun 24, 2020

Solink has raised ~$17 million USD, a sizeable round for the company that raised $12 million last year.

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How fast have they grown? What do they aim to do with it and to the market? We spoke with Solink's Founder and CEO and examine these questions inside.

********* ****** ~$** ******* USD, * ******** ***** for *** ******* ********** $** ******* **** year.

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*** **** **** **** grown? **** ** **** aim ** ** **** it *** ** *** market? ** ***** **** Solink's ******* *** *** and ******* ***** ********* inside.

[***************]

What **** **** ** **

*** ******* **** ** be "***" ***** ************ hub ** *** *****, not **** * *****. Solink ******* ** * niche ******* ** *****-**-**** data **** ******* ********* to *********.

***, *******, **** ******* they *** ***** **** same ***** ** ********* customers' ******* **** *** data – ******, ***********, financial, ***.

******* *** ******* *********:

*** **** **** ** built ****** *** ** offer *** ************, **** individual ***** ***** ** senior **********, *** ******* to *** *** ******** of ***** ********, *** use **** *** ***** to *** * ******** answer.

**** **** ***** ** our ****** **** ***** us ** ********* **** data ** **** ***** and ****** ********** ******** and *****.

*** ******* ******* *** different **** ******* *** 120 ******* ************ ******** per *****.

Revenue *** ******

***** ****** *** *** disclose *******, *** ******* says ** ********* ** roughly ****** ******* **** year, **** * ******** 5,500 ************* *** **,*** cameras *********. ** ********, mega-funded******* ******** ***** ***,*** cameras ***************** ********** ***** ******* ******** 12,000.

** ***** ******** ******'* revenue ** ** *** ~$10 ******* *****, ***** on *** ****** ** cameras ******* ********* *** a ********** ** ****** $10 *** ***** ********* average ***** *****.

Expansion **** ******

**** *** *******, **** are ******* ** ****** to *** **** ******. This ***** **** *** targeting ****** ******* *** larger ******* ** ******* set ** **** ******* customers, **** "**% **********" to ***** *********. ** also ***** ********* ** larger *********, ***** *** prove *********** **** * technology **********. *******, ***** notes ***** ******* ************* already **** **** ***-*,*** cameras (****** ***** ******* is **** **** **), as ***** ********* ******** setups ***** *** ****** scalability – **** **********, and ***** *** ***** network.

Challenges *** ******** / ********* *****

***** ****** **** *** understaffed, *** ***** ********, so *** ******* ** "letting *** ******* ***". Hiring **** *********** **** be *********, *** ** says ***** ~** ****** team ****** ******* ** roughly ***.

***********

****** ****** **** *** brick-and-mortar ******* *** ** a ******* ***** *******. However, ****** **** ********** as ****** ***** **** from **********, ** **** if *** *** **** not ****, ***** ***** will ********.

*******

****** *** *** * fair ****** ** ******* to ******, **** ******** by * ***** ****** of *******. ********, ***** incumbents **** *** *** contracting, ****** *** ** opportunity ** ******.

*******, *** ******* ***** has *********** ********** ** the ******** ****** **** extremely *** **** *********** and * **** ******* sales *****. *** **** and **** **** *** overcome **** **** ** critical ** ********* *** they *** ******* ******* various ******* ******** **** on *****.

Vote / ****

Comments (5)

* **** **** **** company. ***** ******* *** LP-centric ******** ******** *** great ******.

****** ***! ** ********** the ********

**** & **** - thank *** *** ****** time ** ***** **** me *** ********** **** article.

* ****** ** ******* a *** ** *******. Following *** *****, ** made * ******** ** announce *** ******* ** a **** *********** *****, based ** *** ********** to ***** * ****-****, high-growth, *********** ********. ******* the ****-***** ** ** evolving **** ***** ** fun *** **'* *****-***** - ** **** ** build ********** ************* **** partners *** ******* **** last, ** ** ****** to ********** ** *** following ***** :

**** --> *********/******** --> market --> *****

** **** **** ** a **** ***** *** the ******. **** ** our ******** & ********* use **** ** * source *** ******* *******, market *********** *** ********** research. ** * ******** note, ******'* ********** *****-**** from *** ******* *** people ** **** ** help ** ********** *** industry *** ***** ******* for *** *******/**** *** will ** *********** **** our **** *** *******. Our **** ** ** be **** ** **** community ** ** ****** and *********** *** - by ***** * ******* partner ****'* "** ** for *** **** ****". The ********** * ****** is **** ** **** do * ****** *** of ***** ******* ** this ********* ***** ******* - *** ** ****** with ************ ** ************ on **** **** *** general *****.

* ****** ** ****** of ******* ** ******* context **** *** *******:

***, *******, **** ******* they *** ***** **** same ***** ** ********* customers' ******* **** *** data – ******, ***********, financial, ***.”

** **** **** *********** customer **** ***** *********. Solink ******* **** ********* in *** ********* ******** space. **** ***-***** ** Solink *** ***** *** credit ****** *** **** been **** ** *** years. **** ** *** appreciation *** *********** *** PII **** **** **** those ***** ************. ** the **** ** ******, we've ***** *********** ** access *******, *****/********* *******, camera *********, *********, ****-****** systems, **************, *******, ***. Much ** *** ** is ** *** ******** ingestion ** **** **** a ******* ** *********, data-systems *** ******** *********.

...***** ** *** ****** of ******* ******* ********* and * ********** ** modest $** *** ***** estimated ******* ***** *****.”

***** ** **** * pure-play ***** ******** ** try ** **** ******* simple *** ******** *** end-users *****. ** ***'* charge ********* *** ****** by ******* ******* ** don't ****** *** *** video ** *** ***** though ** **** ***** this ** ** ****** (regulated **********). *** ******* is ** * ***-***** per-location ***** *** ****** by *** ****** ** camera *** ********* ****** required. ** ******* **** starts ** ***** $***/***/******** MSRP **** ******** ********.

“Expansion **** ******”

**** ** ******** ** 2015 *** ******* ****’* offer * *** ** functionality ** ** ******* to ****** *** ** Service. ** ***** **** being ******** ******* ** good *** ******** ** much ** ** ** rewarding. **** ******** **** we've **** ***** *** early ****:- ** ****** *** end-user ******* **-*** ****** 5 **** ********** **-***** a *** ***-**** * year. ******* ** ************ to *** **********.- ** ***** **** audits, ******** *** **** practices ******** *** *:*- ** ***’* ***** partners ** ********* **** large ********* - *** minimum ******** ** *. We've ********* **** *** way ********** ************ *** has ******* - ****** does ****** ***** * first ****** ** $**+. They **** ** ****** consistency *** *************. ** measure **-******** ***** *** it’s * *** ****** on ******** ******* **** after ***** ********.- ** ***’* **** customers **** ********* - while ** *** ** avoid **, ** ********* that ** ********* ****-** or ****-** ** ************. We ***** ****** ** leave ** ****** ** they ******-** ******* ********* contract **********.

** *** **% ********** into *** ******** *****-****. We **** ** ******** to **** & ****** expectations ** ******** ********* and *** **** ***** adopt ******. **** *** the ********* ** ** our ******** (******* ********* or ****** *** *********). In **** ************* ** measured ** ******* *** gross ******* - ** keeping * ******** *** life *** ******** *** Cost ** *********** ** the *** ** ******** a *********** ******** - not ****** ******* "****** profits"

“***** ****** **** *** understaffed, *** ***** ********”

* ***** *****’* * sides ** *** **** here - *** ***** is **** ** **** to ********** ***** ** have * ****** ********* and ***** **** *********** without ******** ** ***** “everything *** ********”. *** second ** **** ** we *****, ** *** afford ** ******** *** size ** *** **** we *** ***** **** territory, ********* *** *******. We’ve **** *********** ** focusing ** ******* & sustainable ****** - ** have **** **** ******** of *******, *** **** hiring (** ******) *** ensuring ** **** *** best ****** ** ****** the ***** ***** ** us. ** ** ****, we *** ****** ** have * ******* **** of *** ****** *** opportunity. * ***** **’* served ** **** *** there ** ********** * lot ** **** ** do ** *** ** are *** ******* ** learn *** *****.

“***********”

*** ***** ******** ****** is **** **********. ** choose ** ** **** in ******* ******* ***** we *** *** *********** to *** - ****** restaurant, ******, & ***. In ******** *** **** platform *** ****** *** broader - ** *** the ******* ** ******** analytics *** ***** ******** in *** ********. ** think ** *** **** in ******* ********* *** take ****** ***** *** we **** ******* *** total *********** ****** *** video **** ******** ** grow ****** ******** ************. Think ** ********* ** solve ******** ******** *** use-cases. *** ***** ****** is * ***** ******* that *** ******* ************* from *** **** ** “Dragon ********* ********”. * feel ** *** ** the **** ** ******* large ************** ***** ***** from ******** ******* *** be *** ***** ** workflows **** *** ** “side-kicks” ** **********. ****** sees **** ********* ** an *********** ** *** applications **** *** ********.

*** **** **** ** a *****, **** *** include *** ** **. Hi *****. **** ** go.

* **** ** **** below, ****** ***** **** a ****** ****** ********* in *** ***** ************ with * ****/***** ***** effect ********** ** *** expand **, ********.

***** *** ** *** eye. *** **** ***** of * **** ** you ******?(**** ***** *******) You ****** ******* ** afford * ******* **** of *** ****** ** you ****? *** *********** market ** ******* *** horizontal, **** **** *********** bias ******* *,* *********** that *** ******* ** how ********* ****** ** the ********* ******** ********* of **** ******* *****. Expansion **** ****** ******* are ******** *** *** a **** **** ****** at **** *****, **** on ***** ***** ************ to ***** ********** ********* of *********** ** ******* and ***********. ******* ******* niche *** **** ******** looking ** *** ****** in * **** **** of ******. ***, ********* passes *** *** *** to **** ***.

******: ****** ***** ** have ** ******* ********** rhino ******* **** *** innovation. ** *** **** F*ck *** ***** *** need * **** *** attitude.

#************************

* **** **** ***** are ******** ************** ** there ******* ** ********* cliche ******

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