Vivint Founder Todd Pedersen Joins Trident IoT Board in $10M Fundraising Round
Trident IoT’s latest fundraising round will allow the company to invest in AI, cross-platform engineering and device certification.
Trident IoT’s latest fundraising round will allow the company to invest in AI, cross-platform engineering and device certification.
Vivint Smart Home says that its latest surveillance option is available to customers with a Vivint Outdoor Camera Pro in their system.
Vivint Smart Home, a national provider of smart home systems, has announced that it has reached the two million-customer plateau.
“We have no choice other than to put these issues in the hands of a jury … and look forward to presenting our case,” says Richard Ginsburg, Alert 360 CEO.
A North Carolina court unanimously found Vivint Smart Home responsible for using deceptive door-to-door sales practices to mislead and confuse CPI customers.
The lawsuit asks for a jury trial, an order requiring Vivint to pay an ongoing royalty to Alarm.com of an yet-to-be-determined amount, enhanced damages for up to three times the actual damages, plus attorney’s fees.
NRG says the transaction will improve and diversify its financial profile with more predictable earnings through Vivint’s subscription-based model.
During Q3, Vivint increased revenue by $52.7 million to $439.4 million and saw an all-time high in average monthly recurring revenue per user at $66.39.
Fractus claims instead of obtaining a license for use of the patents, ADT and Vivint have ignored correspondence while continuing to make and install infringing products.
Vivint added 26,328 new subscribers, a record for the second quarter, and reported an attrition rate of 10.9%, a 17-quarter low.
This session will help integrators better understand the needs and market demands of their retail customers.
This next installment of the SSI Industry Hall of Fame Webcast Series features Jim Henry, executive vice president of corporate development for Securitas Electronic Security.
