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Shortly after, the Wyze Cam V2 was announced on February 18, and (due to a hardware defect) started shipping in early April of the same year. [5] On October 24, 2018, Wyze had sold 1 million units of the Wyze Cam. [6] On January 31, 2019, Wyze announced a $20 million investment from Norwest Venture Partners. [7]