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Vivint Scores Big Investments From PayPal Cofounder Peter Thiel and Mitt Romney

Smart home company Vivint raised $100 million in its first-ever round of venture capital funding. Perhaps the biggest takeaway from the news is who was doing the investing: Peter Thiel and Mitt Romney.


Latest in Home Automation

By the middle of this year, owners of Lowe's Iris home automation system will be able to buy professional monitoring, including dispatching of first responders in case of emergency. SSI Staff · January 05, 2016

Tyco Security Products will showcase its connected home solutions in its debut appearance at the 2016 CES show, Jan. 6-9, in Las Vegas. The world’s gathering place for consumer technologies provides a platform to feature the company’s expanding range of technology-inspired products and capabilities for the smart home. SSI Staff · January 04, 2016

Hikvision USA has partnered with Control4, a provider of home automation and control systems, to bring video surveillance technology to the smart home market. SSI Staff · January 04, 2016

Honeywell announced it has completed the acquisition of Elster, a provider of thermal gas solutions for commercial, industrial and residential heating systems and gas, water and electricity meters, including smart meters and software and data analytics solutions. SSI Staff · December 29, 2015

Home automation leader Control4 has teamed with GreenSky to provide consumer financing for smart-home products and installation, including Control4’s own products and services, as well as third-party solutions. Julie Jacobson · December 23, 2015

Home automation and home security go hand-in-hand. That's why security integrators should target the smart home market to add more RMR. By Alexei Erchak · December 21, 2015

QMotion Advanced Shading Systems, a rising star in the home technology channel, has been by acquired Legrand North America, parent company of NuVo, On-Q, Pass & Seymour, Vantage, Watt Stopper, Middle Atlantic and other leading brands in the home automation, lighting controls and building infrastructure categories. Julie Jacobson · December 18, 2015

The global home automation market is expected to reach $21.0 billion in 2020 at a CAGR of around 25% between 2015 and 2020, according to a report conducted by Zion Research. SSI Staff · December 09, 2015

The DIY Home Automation market is expected to reach $21.3 billion by 2020 at a CAGR of 37.9% between 2015 and 2020, according to a new market research report. An increasing desire of the consumer for convenience connectivity, safety & security and the low cost of DIY systems are the major drivers for the market. SSI Staff · November 23, 2015

A new Parks Associates report finds smart home offerings have helped revitalize the residential security industry, as the number of households with monitored security rose over 15% in the past two calendar years. SSI Staff · November 23, 2015


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