# YI Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yi-technology

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Website: www.yitechnology.com
- Latest round: Series B (Jun 19, 2015)
- Investors on record: 2

## About

YI Technology, Inc. is a company focused on creating advanced smart home security solutions, including AI-powered surveillance systems and high-definition cameras designed to enhance safety for consumers.Founded in 2014 in Shanghai, China, YI Technology, Inc. specializes in smart home security and surveillance products. The company raised USD 90.00 mn in Series A financing in August 2016, led by Xiaomi Communications Co., Ltd. There are no mentions of company pivots or subsidiaries, and the founder's information is not available.YI Technology develops and manufactures advanced smart home security cameras and AI-powered surveillance systems. Their product range includes high-definition cameras like the YI PRO 2K, YI Dome Guard 2K, and YI Home Camera 3, equipped with features such as 360° panoramic views, smart face detection, and AI-driven alerts. These solutions cater to both residential and commercial markets, aiming to enhance security and provide real-time monitoring. The company claims over 20 million users and 113 million daily alerts across global markets, including North America, Europe, and Asia.YI Technology generates revenue primarily from sales of its smart home security products and subscription services. The company employs a direct-to-consumer sales model and partners with major online retailers like Amazon and AliExpress, where its products rank as best sellers. Revenue streams include individual camera sales and optional cloud subscription services like the Kami Cloud, which enhances functionality with AI detection features and video storage capabilities. The pricing structure is competitive, focusing on accessibility for consumers seeking home security solutions.YI Technology's future growth strategy includes launching new products and expanding into additional markets. The company plans to introduce enhanced camera systems with advanced AI features aimed at enhancing user experience. Funding from the recent Series A round will be directed toward these product developments and entry into new geographic regions. The company aims to reach further into North America, Europe, and Asia, utilizing the capital raised in August 2016 to support these initiatives.

## Funding rounds

- Series B, Jun 19, 2015 — Qiming Venture Partners, Xiaomi Corporation

## Investors

- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series B
- Xiaomi Corporation — Series B