The Sacramento Angels and Sierra Angels have invested in a seed round for Omny IQ. The company is embedding firmware in smart devices such as routers and TVs to allow for remote access for diagnostics and remote changes in settings. The value proposition to brands is that fewer devices will be returned soon after purchase because they “didn’t work”. The broader market will be in the Internet of Things and include features such as prescriptive analytics.
This is the second investment our Members have made as part of the Network.