iControl Networks Raises $23M

PALO ALTO, Calif.

Broadband home management provider iControl Networks has completed a $23 million Series C investment bringing its total venture and strategic capital funding to more than $45 million.

This latest funding includes new investments from ADT Security Services, Cisco, Comcast Interactive Capital and GE Security.

iControl’s broadband home management solution allows homeowners to see and control security and energy systems via the Internet, iPhone and other mobile devices. iControl’s technology allows broadband operators, security providers and utilities to offer broadband home security, energy management, remote monitoring and home health care to consumers.

“This incredible team of world class companies is exactly the group of investors we wanted,” says Paul Dawes, iControl CEO. “Together we will accelerate the development and rapid deployment of iControl’s technology.”

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