Butlr Technologies
| ISIN | 🆔 |
|---|---|
| Industry | Software |
| Founded 📆 | San Francisco, CA (2019) |
| Founder 👔 | Honghao Deng and Jiani Zeng |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
| Members | |
Number of employees | 70 |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Butlr Technologies is an American technology company with headquarters in San Francisco, CA, and Boston, MA.[1]. Established in 2019 as a spinout of MIT Media Lab, it was founded by Honghao Deng and Jiani Zeng.[2] The company specializes in developing innovative solutions, such as a wireless sensor that utilizes body heat to track location data and body posture[3]
History[edit]
In 2019, Butlr emerged as a spinout from the MIT Media Lab, with operational offices in Silicon Valley and Boston. The company is driven by a mission to enhance environmental awareness within built spaces.[4][5]
During its initial seed funding round in 2020, Butlr secured $1.2 million, allocating resources to address challenges posed by the ongoing pandemic. The innovative thermal sensors were envisioned to assist in managing store queues and optimizing occupancy levels. Subsequently, in July 2021, a subsequent seed funding round raised $7.9 million, facilitating the continued development of the software.[6]
In July 2022, Butlr marked a significant milestone by securing $20 million in a Series A funding round. This achievement was followed by a strategic partnership announcement in November 2022. Butlr collaborated with Propstack, a real estate technology and data company, for occupancy sensing applications across commercial real estate projects in India. Additionally, a partnership was formed with View, a smart building technologies company.[7][8]
Cumulatively, the company has raised a total of $29.1 million in funding to date. Notably, the World Economic Forum recognized Butlr as one of the Technology Pioneers of 2022, acknowledging its innovative contributions to the technology landscape.[9]
References[edit]
- ↑ Williams, Tracy (2021-09-21). "MIT researchers and engineers launch Butlr, next-gen wireless sensing technology set to transform built environments". Digital Health Technology News. Retrieved 2024-02-05.
- ↑ "Butlr". Forbes. Retrieved 2024-02-09.
- ↑ "These sensors know when your office is underutilized—and when your grandma takes a fall". Fast Company. Retrieved 6 February 2024.
- ↑ Whittaker, Zack (2020-07-23). "This startup reworked its privacy-friendly sensors to help battle COVID-19". TechCrunch. Retrieved 2024-02-05.
- ↑ "2022 Forbes 30 Under 30: Honghao Deng MDes '18". Harvard GSD Alumni & Friends. 2021-12-16. Retrieved 2024-02-05.
- ↑ Hall, Christine (2021-07-15). "Butlr Technologies, developing anonymous people sensors, inks $7.9M seed round". TechCrunch. Retrieved 2024-02-05.
- ↑ Babar, Kailash (2022-11-08). "Butlr Technologies, Propstack form alliance for occupancy sensing in India". The Economic Times. ISSN 0013-0389. Retrieved 2024-02-05.
- ↑ Wiggers, Kyle (2022-07-26). "Butlr lands new cash to put people-detecting sensors in the office". TechCrunch. Retrieved 2024-02-05.
- ↑ "Meet the World Economic Forum's Technology Pioneers of 2022". World Economic Forum. Retrieved 6 February 2024.
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