INSUBCONTINENT EXCLUSIVE:
SimShine, a computer vision startup based in Shenzhen, has raised $8 million in pre-Series A funding for SimCam, its line of home security
cameras that use edge computing to keep data on-device
The funding was led by Cheetah Mobile, with participation from Skychee, Skyview Fund and Oak Pacific Investment.Earlier this year, SimShine
raised $310,095 in a crowdfunding campaign on Kickstarter
computing software, spending five years working with enterprise clients before launching SimCam.The company plans to release more smart home
products that use edge computing, with the ultimate goal of building an IoT platform to connect different devices, co-founder and chief
marketing officer Joe Pham tells TechCrunch
SimCam currently integrates with Amazon Alexa and Google Assistant, with support for Apple Homekit in the works.Pham says edge computing
calculations are performed continuously on the device (cameras connect to Wi-Fi so customers can watch surveillance video on their
price of each device as SimCam does not have to maintain cloud servers.
