An Australian start-up that has developed anÂ app to enable old household appliances to be upgraded for home automation systems, will expand to the US and raise $7 million after impressing executives at tech giant Microsoft.Â
iGloo uses Bluetooth technology to enable home heating systems, lights, blinds and other appliances to be controlled by a mobile app. Its development has been buoyed by support from Microsoft after a local executive sawÂ co-foundersÂ Kaye Priest and David Cowie presenting itÂ at the Melbourne Home Show two years ago.
The business is nowÂ readying to raise $7 million in capital, $5 million of it from the United States, which it intends to get under way once it has established a US office this month.
“MicrosoftÂ invited us to their headquarters in Seattle last year and facilitated a meeting between us and the largest manufacturer of gas fires in the United States,” Ms Priest told The Australian Financial Review.