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Neptune (company)

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Canadian consumer electronics company
Neptune
Company typePrivate
IndustryConsumer electronics
FoundedJanuary 23, 2013 (2013-01-23)
FounderSimon Tian
FateAcquired in 2017 (undisclosed amount)
HeadquartersToronto, Ontario, Canada
Key peopleSimon Tian (CEO)
ProductsNeptune Pine

Neptune Suite (unreleased) Neptune Hub (unreleased)

Neptune Duo (unreleased)

Neptune Computer Inc., commonly known as Neptune, is a Canadian privately held consumer electronics and wearable technology company, founded in 2013 by Simon Tian in Montreal, Quebec, and currently based in Toronto. The company has raised around $7 million from private investors, and over $2 million from crowdfunding sources like Kickstarter and Indiegogo.

Neptune's first product, the Neptune Pine, was first announced in 2013 through a Kickstarter campaign, raising more than $800,000 in 30 days, before releasing in 2014. The company later announced three additional devices, the Suite, Duo, and Hub. In late 2017, Neptune was acquired for an undisclosed amount.

History

Neptune was started by Simon Tian in January 2013. Before even building a prototype or incorporating a company, Tian posted some conceptual drawings of a smartwatch, the Neptune Pine, on a website he built using Weebly, issued a press release announcing the product, and proceeded to receive more than 20,000 orders for the device in a few weeks. Tian then dropped out of school, and traveled to China to meet with contract manufacturers to have the device developed.

Neptune Pine

In November 2013, he launched a crowdfunding campaign for the Pine on Kickstarter. Within 27 hours, the campaign reached its funding goal of $100,000, and ultimately went on to raise more than $800,000 in 30 days.

The device started shipping to backers in August 2014, and eventually became widely available through Best Buy and Amazon. The Pine was featured in The Fate of the Furious, the CBS TV series Extant, and the music video for the Trey Songz song "Smartphones".

The Pine has gotten mixed reviews from the press, generally praising its extensive set of features, while criticizing its large size.

Neptune Suite

In March 2015, Neptune announced the Neptune Suite through an Indiegogo campaign, raising $1.2 million in a month. Christopher Mims of the Wall Street Journal described the Suite as "a literal interpretation of the fact that a smartwatch, smartphone and tablet are all just different size windows on the same set of apps and services." Cliff Kuang of Wired called the Suite "a taste of what computing should be in 2025".

In late 2017, Neptune was acquired for an undisclosed amount.

References

  1. ^ Dingman, Shane (17 February 2015). "How a Canadian whiz kid plans to upend the smartphone market". The Globe and Mail.
  2. "Neptune". angel.co.
  3. "Neptune Suite - One Hub, Infinite Possibilities". Indiegogo.
  4. "Neptune Pine: Smartwatch. Reinvented". Kickstarter. 11 August 2015.
  5. Hardy, Ian (2016-08-25). "Montreal-based Neptune reveals new design of its Hub wearable". MobileSyrup. Retrieved 2022-10-10.
  6. Ghoshal, Abhimanyu (2015-02-18). "Neptune Duo: a Phone on Your Wrist, a Screen in Your Pocket". TNW | Mobile. Retrieved 2022-10-10.
  7. ^ Kevin Lee (2013-12-06). "How the Neptune Pine plans to be the first smartwatch that does it all". TechRadar. Retrieved 2024-11-28.
  8. Best Buy Canada. "Neptune Pine 16GB Smartwatch with GPS - Large - Black". Archived from the original on 2016-04-19.
  9. "NEPTUNE Pine 16GB Smartwatch - Retail Packaging - Black: Amazon.ca: Cell Phones & Accessories". www.amazon.ca.
  10. "Neptune's Pine isn't a smartwatch; it's a smartphone that sits on your wrist". Engadget. 2014-01-08. Retrieved 2024-11-28.
  11. Kuang, Cliff. "Neptune Suite: A Taste of What Computing Should Be in 2025". Wired. ISSN 1059-1028. Retrieved 2024-11-28.
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