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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

Consumer interest in the smart home decreased in the first half of 2015, according to IoT research firm Argus Insights. Are we out of home automation early adopters? By Grant Clauser · August 10, 2015

Backed by former ADT president Mike Snyder, Abode is UL-compliant security system with pay-as-you-go monitoring; gateway features ZigBee, Z-Wave, IP for home automation; platform ideal for both DIYs and pros. Julie Jacobson · August 06, 2015

Previously, consumers could buy a smart security base package for $39.99 per month and add a la carte services. SSI Staff · August 05, 2015

Security Sales & Integration "Monitoring Matters" columnist Peter Giacalone explains to security systems integrators that they're in the lifestyle business, not the technology business. Peter Giacalone · July 10, 2015

The Minnesota-based installing security contractor will leverage DMP products to offer its clientele the latest in Web-enabled and mobile technologies and services. SSI Staff · July 07, 2015

Icontrol Networks has announced that its security and home automation platform, Icontrol One, will now support Interlogix’s Simon XT/XTi line of security panels. Julie Jacobson · June 30, 2015

For the second year in a row, Icontrol Networks’ State of the Smart Home report finds consumers are predominantly interested in the security benefits of smart home technology. SSI Staff · June 24, 2015

With a smartphone, tablet and PC user interface, Legrand's new $1,400 Intuity entry-level enclosure-based home automation platform supports On-Q IP cameras, video door entry, intercom, lighting control and multiroom audio as well as various third-party security, door locks and smart thermostats. Jason Knott · June 24, 2015

Latest S-1 for Alarm.com, a leading smart home as a service (SHaaS) provider suggests valuation could exceed $670 million for the home automation industry's second public co. after Control4. Julie Jacobson · June 16, 2015

Lutron adds Apple home automation functionality to Caseta Wireless Smart Bridge with Apple Homekit, enabling Siri control over Lutron lights and shades. Jason Knott · June 03, 2015


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