Tyto Life, a “stealth” startup that loftily aims to “improve human experience related to the Internet of Things,” has raised a $7 million funding round.
The new capital, announced in a public SEC filing, follows a previously raised round of more than $15 million in the last year. According to the filing, the company may raise another $1 million.
Tyto publicly describes itself as “a stealth Silicon Valley company dedicated to building consumer products that improve the human experience related to the Internet of Things.” According to the company, “the ultimate objective is to use said products to offer necessary disruption to traditional businesses ripe for modernization.”
Tyto is lead by founder and chief Sam Jadallah, a former vice president at Microsoft and investor in Jawbone.