How Mitipi is Reinventing Home Security with Virtual Roommate "Kevin"
This week Mitipi launched a Kickstarter campaign for its virtual roommate device "Kevin." In just 19 hours the company met its goal of $50,000 in funding. Mitipi's Founder and CEO Julian Stylianou explains why he thinks this device will reinvent smart home technology, and security.
"We have a new angle, we are doing smart security differently than anybody else," said Stylianou. He explains this product leverages audio and light effects to deter burglars from entering homes.
Stylianou says he hopes to bring this product to consumers in late 2018, and it will cost around $300-$400.
Virtual reality startup Sandbox VR recently announced it raised $37 million Series B funding round. It is a location-based VR company, a space that was hit hard during the pandemic. Sandbox was eventually forced to file for bankruptcy; however, the company is emerging from the pandemic with a fresh round of funding and plans to open new retail locations around the world. Sandbox VR CEO Steve Zhao joins Cheddar News' Closing Bell to discuss.
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