IFTTT Company Presentation
-
Upload
matthew-grossman -
Category
Business
-
view
819 -
download
1
Transcript of IFTTT Company Presentation
Matthew Grossman
Financials● private startup
● $38.5M in 3 rounds of funding
● no monetization (yet)
source: crunchbase.com
Background and History● founders: Alexander Tibbets, Linden Tibbets● based in SoMa, San Francisco● <50 employees
Hotness : IoT
“with IFTTT, I could trigger a connected SmartThings door to automatically lock at 9 a.m. each morning after I leave my house. Or I could set another time-based trigger to turn on my lights and start my coffee pot at 6 a.m. every day.” -NYTimes
“We're building an intelligence layer for the internet of things” - Linden Tibbets, CEO
Competition● Zapier● Samsung SmartThings● iControl Networks
Prediction● complicated, hacky for mainstream● no high-level integration; recipe “bundles”● powerful platform with many, many partnerships
Q&A
Sources● https://www.crunchbase.com/organization/if-this-then-that● https://ifttt.com/● http://bits.blogs.nytimes.com/2014/08/28/with-30-million-
more-in-hand-ifttt-looks-to-the-internet-of-things/