Sequoia Capital has made a minority investment in the do-it-yourself home security company Simplisafe in a play on the home security and automation market, TechCrunch has learned. The investment from Sequoia came on the heels of Google’s $3.2 billion acquisition of Nest Labs, which showed just how lucrative the home market can be. That deal netted a healthy return for investors, including… Read More
Canary, the folks responsible for a cute little $200 in-home security system, have today announced that they’ve secured a $10m Series A led by Khosla Ventures, with participation from Bobby Yazdani as well as a number of initial seed investors, and Two Sigma Ventures. Previously, Canary had raised a $1.2 million seed round from Two Sigma and Brooklyn Bridge Ventures, as well as $2 million… Read More
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