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Irving, Texas (PRWEB) April 22, 2014
Spring has sprung: Flowers are blooming, the weather is warmer, and afternoons are spent outside. In addition to more bearable temperatures, spring also motivates many homeowners to begin home improvement projects.
This year, as part of your home upgrade, why not consider smart home technology? Integrating security with advanced technology, a smart home provides protection for you and your family, while giving you the ability to remotely control devices in your home and monitor whats going on when youre away all from your smartphone or tablet.
The Electronic Security Association (ESA), whose members are leaders in security and integrated technology, offers three reasons why you should add comfort, convenience and security to your home this spring.
Spring into security
Not only is security a critical component of smart home technology, its also one of the most popular features among homeowners. A survey released by the Consumer Electronics Association reported that 62 percent of consumers interested in smart home technology were initially intrigued by the security aspect.
The appeal of enhanced home security systems stems from their user-friendly design and convenient lifestyle-enriching benefits such as remote monitoring and control. For instance, if your home is equipped with an enhanced security system, youll never have to wonder its armed or if the doors are locked. Simply log in on your smartphone, tablet or other web-enabled device, check the status of your home and secure it with the push of a button.
Pull the plug on high energy bills
Whether its leaving the lights on, forgetting to adjust the thermostat before your week-long vacation, or those pesky appliances referred to as energy vampires, there are many ways energy can be wasted in your home. Fortunately, you dont have to dine by candlelight to combat high energy bills; you just need a little technology.
Many homeowners using smart home technology as an energy management solution have reported up to 30 percent savings on their monthly utility bills. You can keep your home running efficiently by managing your thermostat, lights and appliances via the web. Its an easy way to conserve energy and save money.
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ESA Offers Three Reasons for Updating Your Home With Technology This Spring
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Sequoia Capital has made a minority investment in the do-it-yourself home securitycompany Simplisafe in aplay onthe home security and automation market, TechCrunch has learned.
The investment from Sequoia cameon the heels of Googles $3.2 billion acquisition of Nest Labs, which showed just how lucrative the home market can be. That dealnetted ahealthy return for investors, including Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Generation Investment Management, Venrock, and Googles own Google Ventures.
The Nest acquisitionalsomarkedthe first pushby a large techcompany to open a gateway into home automation.Investors thinkit probably wont be the last.
Even before Nest showed the corporate appetite for home automation including thermostat controls for heating and cooling, home security, and other types of remote monitoring and management investors had begun backing a slew of startups tackling the problem.
The firm invested in Simplisafe after an intense bidding war through a process that was handled by the investment bank Raymond James, according to multiple sources with knowledge of the investment. Sequoia declined to comment for this article.
Simplisafesout-of-the-box home security system garners rave reviews, and is already installed in thousands of homes.
While Simplisafe has gotten a huge boost with its new Sequoia financing, its not the only entrant thats attracted big-name venture capital.Earlier this year Khosla Ventures invested $10 million in Canary, another high-concept, well-designed security system. And capital from investors keeps coming, according to data from CrunchBase.
Some investors may have placed early bets, but the market for do-it-yourself home security and automation is still wide open, and new opportunities to back privately held companies that havent yet raised any institutional investment abound.
For instance, the Chicago-based company Scouthas completed a successful Kickstarter campaign;FrontPoint Securityoffers a panoply of automated security technologies for the home; and LiveWatch Security also has new security and safety technologiesfor homeowners and apartment dwellers who would have more comfort if they were staying in a place more castlethan home.
Theres a bunch of investments in the space, says Lemnos Labs founder Jeremy Conrad. The fact is that everybody is looking at ADT and how they pull down a couple of billion dollars in revenue for a service that hasnt changed in twenty years. Its very similar to how Nest went after Honeywell in the thermostat space.
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Sequoia Backs Simplisafe In A Play For The Home Security Market
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