Dive Brief:
- SmartThings has raised $12.5 million in a Series A round of funding from Greylock Partners and Highland Capital Partners, bringing its total funding to $15.5 million.
- SmartThings’ Starter Kits enable customers to make homes smart with a mobile app that controls an open system of connected devices. That could be for climate control, turning lights on and off, or starting home appliances on command.
- The company supports an open and growing ecosystem of over 3,000 inventors and developers producing new types of connected devices and unique apps in the cloud.
Dive Insight:
Greylock partner Josh Elman has it right. “With the amount of time and money we spend in and on our homes, it seems crazy that we can’t interact with our homes in any kind of intelligent and connected way,” he said.