To give more functionality around energy management, we wanted all of the batteries to be able to work in concert. We could have gone with "any old wireless" network to coordinate the batteries. One thing that's really stuck with me from building products at Span and Tesla is how important reliable connection is over years of operation. Depending on consumer wifi is a huge pain for reliability (changed passwords, inhomogeneous equipment, etc), using cellular is OK but has latency limitations and can be expensive. Existing stacks like Zigbee just had other limitations we wanted to avoid, so we realized borrowing from the world of the mesh wifi systems could offer a lot of what's needed. If we do our job right, the result will be a reliable connection over the years, that also facilitates easy addition of new battery nodes as you go, as your needs evolve.

re: funding, We've not yet made our detailed financing info public, but you can check out crunchbase for some insights on our investors to date!