German smart home startup Senic raises $4 million in seed funding

Senic, a smart home technology startup from Germany, has secured a seed round of $4 million from Birchmere Ventures, Target Partners, and home appliance manufacturer Gira. Berlin-based Senic, which previously participated in Y Combinator, designs smart home systems, including a smart home device controller called NUIMO and a lamp called COVI. The products were originally […]

SAM raises $3.5 million to secure smart homes from cyber attacks

Israeli cybersecurity startup SAM has raised $3.5 million in a new funding round led by Blumberg Capital. SAM has created a solution for monitoring and identifying risks in connected devices on a network where patches can be deployed much faster. It was developed in response to the proliferation of IoT and connected devices in the […]

Leeds-based Cocoon raised £2.46 million on Crowdcube for its smart home security device

UK-based smart home security startup Cocoon has closed a round on Crowdcube, raises £2.46 million in funding from almost 1,100 investors. The company launched the equity crowdfunding initiative last month, with a goal of £2 million. Cocoon had previously raised a round of $253,000 from Indiegogo for its home security system in 2014, and in 2015 the company raised £2.4 million from Aviva Ventures and Breed Reply.

French consumer electronics startup Netatmo raises €30 million to bolster its smart home products

Paris-based consumer electronics maker Netatmo, which sells connected thermostats, weather stations and home security cameras, has secured €30 million in funding. The bulk of the cash comes from Legrand, a French industrial group that is a global leader in products and systems for electrical installations and information networks, with previous investors such as Iris Capital […]