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
With competitors like Canary and Nest coming quickly behind, Simplisafe, a small, Boston-based security company, is pulling out the stops. After updating their software and mobile interface late last year they’ve updated their hardware and added a glass break sensor, one of the least expensive in the industry, to their arsenal of hardware. Read More
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