New addition brings valuable expertise to the development and marketing of the Company’s IoE platform for seniors and those living with disabilities
Raleigh, N.C. – January 3, 2016 – K4Connect, a mission-centered technology company that creates solutions that serve and empower older adults and individuals living with disabilities, today announced the expansion of the Company’s Board of Directors with the addition of Ben Yu, Ph.D., Managing Director at Sierra Ventures.
Dr. Yu has joined K4Connect as a result of the Company’s recent $8 million Series A funding, which was led by Intel Capital. Dr. Yu also participated in K4Connect’s $2 million Series Seed funding in 2015 and has long-term connections with K4Connect’s co-founder and CEO, Scott Moody. Dr. Yu was an investor and a board member of Mr. Moody’s prior startup, AuthenTec (acquired by Apple in 2012, now the Touch ID).
“I am personally delighted that Ben is joining the K4Connect Board. He brings significant industry and startup experience to our team,” said Moody. “Ben adds a tremendous depth of experience in building groundbreaking technologies and can help K4Connect become a successful market leader. More importantly, he is fully committed to the mission of our company – to serve the underserved. We are extremely fortunate to have Ben as part of our team,” he added.
Dr. Yu is currently a Managing Director at Sierra Ventures, a highly respected Silicon Valley venture fund that has raised over $1.2 billion for investments in early stage startups. His investment focus is within the IoT, IT & Cloud Computing, and Mobile Communications industries, to name a few. Dr. Yu is fascinated by disruptive technologies and, as an investor, is passionate about helping entrepreneurs turn technologies into successful products that the world has not seen before, creating new categories. Prior to Sierra Ventures, Dr. Yu was a Senior Systems Architect and Project Manager at 3Com.
Dr. Yu holds both a Ph.D. and Masters of Arts from Princeton and a Bachelor of Engineering with first class honors from the University of Western Australia.
“I’ve seen many tech companies throughout my career and K4Connect has truly developed something unique,” said Dr. Yu. “The product brings the whole idea of the Internet of Everything (IoE) to life and uses it in a meaningful way. I am proud to be a part of such a pioneering company.”
To learn more about K4Connect, visit www.k4connect.com.
K4Connect creates solutions that serve and empower older adults and individuals living with disabilities, enhancing lives through an integrated whole-life software that brings together the best in home automation products, health and wellness technologies, and communication and social functionality. The Company’s products enable simpler, smarter living environments and healthier lives, while fostering family and community engagement. For more information, please visit www.k4connect.com