Wyze

Wyze Labs is a Seattle-based technology company specializing in affordable smart home devices, including security cameras and smart...

Facts

HQ
Seattle
Sectors
Smart home, IoT, Consumer electronics, Home security
Stage
Startup

Wyze Labs Pays $255,000 in Tariffs on $167,000 Inventory Amid New 145% China Tariff, Plans to Move Manufacturing Out of China

Wyze Labs, a smart home device maker based in Kirkland, Washington, revealed it paid $255,000 in tariffs on $167,000 of floodlight inventory due to new trade policies, impacting costs and prompting efforts to relocate manufacturing from China. The company highlighted challenges of supply chain adjustments and the potential need to raise consumer prices.

GeekWire 200 Updates Top Pacific Northwest Tech Startups Featuring Chainguard's $140M Raise and $1.1B Valuation

The GeekWire 200 ranking updates the top privately held tech startups in Seattle and the Pacific Northwest, highlighting companies like Chainguard that raised $140 million and reached a $1.1 billion valuation. The list spans various industries and regions including Oregon and British Columbia, emphasizing the area's strong B2B enterprise software and consumer tech sectors.

PitchBook Introduces VC Exit Predictor Tool Analyzing Successful Exit Chances for Top Pacific Northwest Startups

PitchBook has launched a new machine learning tool called the VC Exit Predictor that forecasts the likelihood and type of successful exits for venture-backed startups using data from over 120,000 companies. The tool was applied to analyze the top 50 Pacific Northwest tech startups in the GeekWire 200, highlighting several with notable opportunity scores, but it is not intended to replace traditional due diligence.

Wyze Labs starts preorders for $29.99 AI-enabled Wyze Floor Lamp as startup reveals rapid product growth

Seattle-based Wyze Labs began preorders for a $29.99 Wyze Floor Lamp with an AI-learning Bluetooth remote and has launched 17 products in the past year as part of 30 total products. The four-year-old startup employs about 160 people, has over 5 million community users, and has raised $36 million to date including a $15 million round in July 2020 with investment from Marcy Venture Partners.

Wyze names former Nike exec Francis Lee as first CFO; OutSystems raises $150M at $9.5B valuation as CMO relocates to Seattle

Wyze Labs named longtime Nike executive Francis Lee as its first CFO as the Kirkland smart-home startup expands after a Series A; OutSystems closed a $150M funding round valuing it at $9.5B while moving CMO Robson Grieve to Seattle. Additional regional moves include Lisa Nelson joining Flying Fish Partners as a venture partner and Apptio naming Kevin Meeks chief customer officer.

Wyze Labs raises $15M in Series A-1 (additional $5M) with investment from Jay-Z’s Marcy Venture Partners, plans thermostat and video doorbell

Wyze Labs raised an additional $5 million in a Series A-1 round—bringing $15 million in new funds—to expand its smart-home products, with investment from Marcy Venture Partners, co-founded by Jay-Z. The Seattle startup plans new devices including a thermostat and video doorbell and has raised $36 million to date.

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