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

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Joey Walter
Published Jun 24, 2020 14:35 PM

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.

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

*** ******* **** ** ** "***" video ************ *** ** *** *****, not **** * *****. ****** ******* in * ***** ******* ** *****-**-**** data **** ******* ********* ** *********.

***, *******, **** ******* **** *** apply **** **** ***** ** ********* customers' ******* **** *** **** – alarms, ***********, *********, ***.

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

*** **** **** ** ***** ****** was ** ***** *** ************, **** individual ***** ***** ** ****** **********, the ******* ** *** *** ******** of ***** ********, *** *** **** and ***** ** *** * ******** answer.

**** **** ***** ** *** ****** will ***** ** ** ********* **** data ** **** ***** *** ****** businesses ******** *** *****.

*** ******* ******* *** ********* **** sources *** *** ******* ************ ******** per *****.

Revenue *** ******

***** ****** *** *** ******** *******, the ******* **** ** ********* ** roughly ****** ******* **** ****, **** a ******** *,*** ************* *** **,*** cameras *********. ** ********, ****-************* ******** ***** ***,*** ******* ***************** ********** ***** ******* ******** **,***.

** ***** ******** ******'* ******* ** in *** ~$** ******* *****, ***** on *** ****** ** ******* ******* connected *** * ********** ** ****** $10 *** ***** ********* ******* ***** price.

Expansion **** ******

**** *** *******, **** *** ******* to ****** ** *** **** ******. This ***** **** *** ********* ****** profits *** ****** ******* ** ******* set ** **** ******* *********, **** "25% **********" ** ***** *********. ** also ***** ********* ** ****** *********, which *** ***** *********** **** * technology **********. *******, ***** ***** ***** largest ************* ******* **** **** ***-*,*** cameras (****** ***** ******* ** **** than **), ** ***** ********* ******** setups ***** *** ****** *********** – more **********, *** ***** *** ***** network.

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

***** ****** **** *** ************, *** under ********, ** *** ******* ** "letting *** ******* ***". ****** **** salespeople **** ** *********, *** ** says ***** ~** ****** **** ****** balloon ** ******* ***.

***********

****** ****** **** *** *****-***-****** ******* can ** * ******* ***** *******. However, ****** **** ********** ** ****** share **** **** **********, ** **** if *** *** **** *** ****, their ***** **** ********.

*******

****** *** *** * **** ****** of ******* ** ******, **** ******** by * ***** ****** ** *******. Moreover, ***** ********** **** *** *** contracting, ****** *** ** *********** ** expand.

*******, *** ******* ***** *** *********** challenges ** *** ******** ****** **** extremely *** **** *********** *** * very ******* ***** *****. *** **** and **** **** *** ******** **** will ** ******** ** ********* *** they *** ******* ******* ******* ******* focusing **** ** *****.

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Comments (5)
UM
Undisclosed Manufacturer #1
Jun 24, 2020

* **** **** **** *******. ***** product *** **-******* ******** ******** *** great ******.

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Mike Matta
Jun 25, 2020

****** ***! ** ********** *** ********

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Mike Matta
Jun 25, 2020

**** & **** - ***** *** for ****** **** ** ***** **** me *** ********** **** *******.

* ****** ** ******* * *** of *******. ********* *** *****, ** made * ******** ** ******** *** funding ** * **** *********** *****, based ** *** ********** ** ***** a ****-****, ****-******, *********** ********. ******* the ****-***** ** ** ******** **** cycle ** *** *** **'* *****-***** - ** **** ** ***** ********** relationships **** ******** *** ******* **** last, ** ** ****** ** ********** in *** ********* ***** :

**** --> *********/******** --> ****** --> press

** **** **** ** * **** proxy *** *** ******. **** ** our ******** & ********* *** **** as * ****** *** ******* *******, market *********** *** ********** ********. ** a ******** ****, ******'* ********** *****-**** from *** ******* *** ****** ** IPVM ** **** ** ********** *** industry *** ***** ******* *** *** partner/user *** **** ** *********** **** our **** *** *******. *** **** is ** ** **** ** **** community ** ** ****** *** *********** way - ** ***** * ******* partner ****'* "** ** *** *** long ****". *** ********** * ****** is **** ** **** ** * better *** ** ***** ******* ** this ********* ***** ******* - *** it ****** **** ************ ** ************ on **** **** *** ******* *****.

* ****** ** ****** ** ******* or ******* ******* **** *** *******:

***, *******, **** ******* **** *** apply **** **** ***** ** ********* customers' ******* **** *** **** – alarms, ***********, *********, ***.”

** **** **** *********** ******** **** since *********. ****** ******* **** ********* in *** ********* ******** *****. **** end-users ** ****** *** ***** *** credit ****** *** **** **** **** us *** *****. **** ** *** appreciation *** *********** *** *** **** came **** ***** ***** ************. ** the **** ** ******, **'** ***** integration ** ****** *******, *****/********* *******, camera *********, *********, ****-****** *******, **************, sensors, ***. **** ** *** ** is ** *** ******** ********* ** data **** * ******* ** *********, data-systems *** ******** *********.

...***** ** *** ****** ** ******* claimed ********* *** * ********** ** modest $** *** ***** ********* ******* sales *****.”

***** ** **** * ****-**** ***** offering ** *** ** **** ******* simple *** ******** *** ***-***** *****. We ***'* ****** ********* *** ****** by ******* ******* ** ***'* ****** all *** ***** ** *** ***** though ** **** ***** **** ** an ****** (********* **********). *** ******* is ** * ***-***** ***-******** ***** and ****** ** *** ****** ** camera *** ********* ****** ********. ** average **** ****** ** ***** $***/***/******** MSRP **** ******** ********.

“Expansion **** ******”

**** ** ******** ** **** *** product ****’* ***** * *** ** functionality ** ** ******* ** ****** win ** *******. ** ***** **** being ******** ******* ** **** *** business ** **** ** ** ** rewarding. **** ******** **** **'** **** since *** ***** ****:- ** ****** *** ***-**** ******* in-app ****** * **** ********** **-***** a *** ***-**** * ****. ******* is ************ ** *** **********.- ** ***** **** ******, ******** and **** ********* ******** *** *:*- ** ***’* ***** ******** ** customers **** ***** ********* - *** minimum ******** ** *. **'** ********* that *** *** ********** ************ *** has ******* - ****** **** ****** write * ***** ****** ** $**+. They **** ** ****** *********** *** dependability. ** ******* **-******** ***** *** it’s * *** ****** ** ******** success **** ***** ***** ********.- ** ***’* **** ********* **** contracts - ***** ** *** ** avoid **, ** ********* **** ** sometimes ****-** ** ****-** ** ************. We ***** ****** ** ***** ** easily ** **** ******-** ******* ********* contract **********.

** *** **% ********** **** *** existing *****-****. ** **** ** ******** to **** & ****** ************ ** existing ********* *** *** **** ***** adopt ******. **** *** *** ********* to ** *** ******** (******* ********* or ****** *** *********). ** **** profitability ** ******** ** ******* *** gross ******* - ** ******* * customer *** **** *** ******** *** Cost ** *********** ** *** *** to ******** * *********** ******** - not ****** ******* "****** *******"

“***** ****** **** *** ************, *** under ********”

* ***** *****’* * ***** ** the **** **** - *** ***** is **** ** **** ** ********** where ** **** * ****** ********* and ***** **** *********** ******* ******** on ***** “********** *** ********”. *** second ** **** ** ** *****, we *** ****** ** ******** *** size ** *** **** ** *** cover **** *********, ********* *** *******. We’ve **** *********** ** ******** ** organic & *********** ****** - ** have **** **** ******** ** *******, not **** ****** (** ******) *** ensuring ** **** *** **** ****** to ****** *** ***** ***** ** us. ** ** ****, ** *** afford ** **** * ******* **** of *** ****** *** ***********. * think **’* ****** ** **** *** there ** ********** * *** ** work ** ** ** *** ** are *** ******* ** ***** *** adapt.

“***********”

*** ***** ******** ****** ** **** horizontal. ** ****** ** ** **** in ******* ******* ***** ** *** the *********** ** *** - ****** restaurant, ******, & ***. ** ******** our **** ******** *** ****** *** broader - ** *** *** ******* of ******** ********* *** ***** ******** in *** ********. ** ***** ** CAN **** ** ******* ********* *** take ****** ***** *** ** **** believe *** ***** *********** ****** *** video **** ******** ** **** ****** security ************. ***** ** ********* ** solve ******** ******** *** ***-*****. *** voice ****** ** * ***** ******* that *** ******* ************* **** *** days ** “****** ********* ********”. * feel ** *** ** *** **** of ******* ***** ************** ***** ***** from ******** ******* *** ** *** input ** ********* **** *** ** “side-kicks” ** **********. ****** **** **** expansion ** ** *********** ** *** applications **** *** ********.

(6)
U
Undisclosed #2
Jun 26, 2020

*** **** **** ** * *****, then *** ******* *** ** **. Hi *****. **** ** **.

* **** ** **** *****, ****** words **** * ****** ****** ********* in *** ***** ************ **** * pear/apple ***** ****** ********** ** *** expand **, ********.

***** *** ** *** ***. *** many ***** ** * **** ** you ******?(**** ***** *******) *** ****** capitol ** ****** * ******* **** of *** ****** ** *** ****? The *********** ****** ** ******* *** horizontal, **** **** *********** **** ******* x,y *********** **** *** ******* ** how ********* ****** ** *** ********* speaking ********* ** **** ******* *****. Expansion **** ****** ******* *** ******** but *** * **** **** ****** at **** *****, **** ** ***** merit ************ ** ***** ********** ********* of *********** ** ******* *** ***********. Compete ******* ***** *** **** ******** looking ** *** ****** ** * line **** ** ******. ***, ********* passes *** *** *** ** **** MBA.

******: ****** ***** ** **** ** outward ********** ***** ******* **** *** innovation. ** *** **** **** *** money *** **** * **** *** attitude.

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

(5)
UM
Undisclosed Manufacturer #1
Jun 26, 2020

* **** **** ***** *** ******** considerations ** ***** ******* ** ********* cliche ******

(1)