Trillbit
Latest round
- Seed
Last raised
- Aug 2021
Total raised
- $1.5M
Investors
- 3
About Trillbit
Trillbit, Inc.Trillbit, Inc. develops innovative solutions for IoT device authentication and was co-founded by Andrew Austin, Bhaskar Deo, Mrigesh Parashar, and Shashikant Burnwal. The company is headquartered in Boston, US.Trillbit's primary offering is its proprietary Data over Sound technology, which facilitates seamless authentication for Internet of Things (IoT) devices and simplifies the setup process for these devices in various environments. The technology is particularly beneficial for service-based companies operating in smart homes and Industrial IoT sectors, as it effectively operates even under challenging conditions. Trillbit's solutions, including Trill Auth and Trill IoT SoundAuth, cater to diverse industries, enhancing the user experience and operational efficiency of IoT applications.Trillbit generates revenue through a structured model that centers on partnerships and direct sales of its technology solutions. The company engages with business-to-business (B2B) clients, providing customized authentication solutions that integrate seamlessly into their existing systems. This model often involves subscription-based agreements or licensing fees associated with its flagship products, such as Trill Auth and Trill IoT SoundAuth. Clients typically access these products through tailored agreements that dictate the terms of use and pricing structures, ensuring compatibility with their operational needs. The company aims to expand into new markets, focusing on increasing its presence in North America and Europe, with specific projects aimed at enhancing the capabilities of its authentication solutions. Upcoming initiatives include the launch of new products designed to further improve user experiences in IoT applications.
Who invested in Trillbit
3 investors across 1 round
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Funding rounds
Seed
Aug 18, 2021
Amount
$1.5M
Investors
Questions about Trillbit
Who invested in Trillbit?
Trillbit has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Trillbit raised?
Trillbit has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Trillbit last raise money?
Trillbit's most recent round on record is a Seed, in Aug 2021.
What does Trillbit do?
Trillbit is a internet company.
Where is Trillbit headquartered?
Trillbit is headquartered in Boston, US.
Which VCs invest in companies like Trillbit?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Trillbit's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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