Scottish security tech firm Sonis Smart Security has secured funding to accelerate the launch of its NoEntry smart security system.
Sonis announced that it has secured funding through TRICAPITAL, a leading early-stage angel investor syndicate and Scottish Enterprise, Scotland’s national economic development agency.
The funds will be used to expand the Sonis team and to support the 2022 launch, sales and marketing of the new NoEntry smart security system.
‘NoEntry by Sonis’ is a palm-sized, wire and sensor-free security alarm that detects break-ins and activates before an intruder can gain access to a property.
The technology uses sound signature algorithms to alert owners within 300 milliseconds of an attempted break in.
As well as replacing traditional wired alarm systems, NoEntry allows for protection of areas such as homes and businesses where installation of a conventional alarm may previously have been impractical.
Commenting on the new funding, Sonis founder and CEO Bill Marr said: “With NoEntry we have developed a unique, hassle-free security alarm system that is set to revolutionise the way people protect their property.
“The investment from TRICAPITAL and Scottish Enterprise will help us shorten time-to-revenue by accelerating manufacture and supporting ongoing sales and marketing campaigns.”
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Managing Partner of The TRICAPITAL Syndicate LLP Moray Martin added: “Our mission is to help companies deliver their growth potential with funding, guidance and expertise.
“We have a particular focus on technology and with its advanced NoEntry system we believe that Sonis has the potential to grow rapidly by offering a highly differentiated solution that delivers a distinct competitive advantage in the security alarm sector.
“Working with Scottish Enterprise and the specialist legal team at Anderson Strathern we have been able to deliver the funding that will allow the company to fulfil that potential.”
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