Tech Company Grows in South Deerfield

January 06, 2026

Kiara Ford, 978-844-1380
kford@massdevelopment.com

SOUTH DEERFIELD, Mass. – MassDevelopment has provided a $1.3 million loan from its Emerging Technology Fund to SCV Holdings Inc., d.b.a. Smart Connected Ventures (SCV), a South Deerfield-based company offering a portfolio of high-impact digital solutions for commercial businesses. SCV, whose multiple brands include ScentBridge scent solutions and the BlueStreak internet of things (IoT) platform, will use loan proceeds to hire new employees and for working capital to support the company’s continued growth.

“Innovation is our state’s calling card, and that’s why the Healey-Driscoll Administration has made it a priority to help more entrepreneurs build their businesses in Massachusetts,” said Economic Development Secretary Eric Paley, who serves as chair of MassDevelopment’s Board of Directors. “We are glad to see SCV deepen its investment here using loan financing from MassDevelopment.”

“MassDevelopment’s Emerging Technology Fund is a key resource to help growing technology companies like SCV succeed and flourish in Massachusetts,” said MassDevelopment President and CEO Navjeet Bal. “From its headquarters in South Deerfield, this company is positioned to bring more jobs and innovative solutions to our state.”

“We’re grateful to MassDevelopment for investing in Deerfield’s economic growth,” said Town of Deerfield Planning and Economic Development Coordinator Alexandria Galloway. “Smart technology innovation in rural communities isn’t just about progress; it anchors economic opportunity for future generations.”

Founded in 2019, Smart Connected Ventures addresses the needs of both commercial product manufacturers and their customers in commercial facilities and other markets. Through its rapid integration process, the company adds intelligence to existing products, enabling “smart, connected” features within new and existing service offerings.  SCV’s advanced communication infrastructure enables these “smart products” to improve service and optimize operational processes for commercial business owners and facility managers. The company’s BlueStreak™ division manages and secures remote connections for monitoring IoT devices. BlueStreak utilizes an advanced commercial IoT framework that sits at the center of information from sensors, devices, networks, and software that combine to deliver valuable, actionable data and automate critical functions across retail, hospitality, entertainment, health and fitness, real estate, and other commercial venues.

“SCV improves the way services are delivered and maintained through our connected device, IoT technology,” said SCV, Inc. CEO Todd Becker. “Our ScentBridge brand created the smart scent system that enables many leading companies in fitness, gaming, and other industries to improve their customer experience through scent. All SCV services utilize our BlueSteak IoT platform, an easy to deploy, plug and play connected device management platform. We are excited to work with MassDevelopment in helping us to expand our business.”

MassDevelopment, the state’s development finance agency and land bank, delivers financing solutions, real estate expertise, and other assistance to strengthen and grow the Massachusetts economy. We partner with businesses, nonprofits, developers, banks, and municipalities, providing resources to help create jobs, build housing, and foster vibrant communities across the state. During FY2025, MassDevelopment financed or managed 409 projects generating investment of more than $4.65 billion in the Massachusetts economy. These projects are estimated to create or support 25,246 jobs and build or preserve 2,867 housing units.