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Sensor has revealed it has secured a $3 million investment to advance their software based solutions to smoke, water and gas detection.
Software based property compliance and safety company, Sensor, has received a $3 million investment from the founder and former CEO of Vita Group Limited, Maxine Horne.
Sensor’s software platform provides remote connectivity and detection alerts for smoke, water and gas detectors in residential investment properties, with this investment coming as the group looks to continue making advances in the space.
According to a statement, the software firm is continuing with its commercialisation phase; the tech company has described the investment as underlining the importance of advancing internet of things (IoT) solutions for detectors in residential investment properties.
In welcoming Horne as an investor, Andrew Cox, Sensor CEO, stated: “Her strategic and operational knowledge will be valuable as we scale our business and continue to develop our IoT connectivity product suite with the intention of enhancing property compliance and safety worldwide.”
Horne was enthusiastic about her investment in the company and its future offerings, expressing “the company’s innovative approach to property safety and compliance brought about by an exceptionally experienced leadership team not only presents future opportunity for all home owners but has the potential to become one of Australia’s great homegrown companies”.
This development comes off the back of the integration of property management software system MRI Property Tree into Sensor’s smoke alarm monitoring and compliance technology.
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