It is legit. But needs work. If you're in the market for something like this also check out
BitDefender Box. There will be a new model later this year.
I agree - it's legit... and I wish them the very best, as it's a cool product.
Some thoughts here - take it from me - been there twice in the startup game...
- Hardware is hard, very hard, to make money on...and margin on a one time sale there, it's hard to make money on per-units, esp if not a big name... and if it hits, someone in Shenzen is going to copy it, and sell it at half the price...
- Software - at a glance, we can make it work - at the moment - margin there - better, but... development is a capex front end intensive thing just to get to a minimum viable product that can ship.
- Configs/updates as a service - lot's a folks see this as a savior, but most users don't want to play the subscription game...
- Customers - hard to acquire actually - this is what kickstarter and similar are all about, but they're fickle - expect the world, and we're just people on the back end, doing our best...
With all that - as a startup, there's six other players with the same idea... and most, if not all, will fail...
It's a damn hard business to be in... most startups burn through cash on the taxiway before even getting a chance to take off... and I'm not talking about silly Silicon Valley stuff - the cash burn rate can be pretty high...
Cash burn - put in relative terms - pick up a 55 gallon barrel - put $100 bills in it, soak it with gasoline, and light the fire - challenge is to keep putting some kind of money, either in recurring revenue, or worse, investor money, before the fire burns out.
Been there - done that - worked the numbers - and found the exit plan...
FWIW - first round was a co-founder - broke even after transitioning to work-for-hire, second startup, was the Founder/GM/CEO/whatever, and there was able to pay the bills, pay off partners, and get enough to get pay off bills/mortgage for a couple of years... and it was twice as much work effort than folks sitting in cubicles at a big company...