It took a little while for investors to see the light, so to speak. Corey Egan and Swapril Bora developed a smartphone controlled LED light bulb, but needed two crowd-funding campaigns, prize money from winning new product contests they had socked away and a deal from Shark Tank’s Mark Cuban before the ilumi smart bulb could enter the market.
Tens of thousands of bulbs have sold in the year they’ve been in production. It won’t take quite so long for the second generation to begin lighting homes and commercial spaces.
With 20 days to go on Kickstarter, ilumi far exceeded its $50,000 goal with a newly designed bulb that includes new experiences – like turning it on and off the shake of your phone – and a new antenna that will pick up commands from 150 feet away.
