Spiridon is a newly-formed Ontario entity and is a private consolidator of IoT and related technology providers. The founders of Spiridon have more than fifty years of experience consolidating technology companies. Recently, Spiridon announced the acquisition of Tantiv4, a Silicon Valley-based company that builds bespoke solutions, including voice enablement, for Consumer Electronics Brands and Industrial Smart Device OEMs. Tantiv4 announced that it had secured an agreement with a leading Japanese Consumer Electronics manufacturer. The agreement will provide Tantiv4 with recurring annual license fees as well as additional service revenues on a recurring basis.
In July of 2019, Flow Capital closed a royalty investment with Spiridon. Proceeds from Flow Capital’s royalty investment will be used to expand Tantiv4’s product line and customer base, and fuel Spiridon’s consolidation activities.