Tag Archives: Keen Home

Smart home revolution

The idea of a smart home used to be reserved for sci-fi movies, but tech companies like Google’s Nest Labs, Apple, Revolv, Philips, Samsung’s SmartThings and others are all making sure that the smart home becomes a reality. Thanks to a profusion of connected appliances, light bulbs, security cameras, locks and their respective apps, the smart home revolution is certainly upon us. What’s more, according to Lisa Arrowsmith of market research firm IHS, the smart home is “heading towards a mass-market reality”, with the smartphone being at the centre of the development. As tech titans like Google, Samsung and Apple all scramble to create mass-market devices that will be as smart as our phones, investors are likewise hoping to profit from the phenomenon. Recent fundings in the smart home space include a $4.9M Series-A round for Spark Labs, $13.6M for Tado, a $30M Series B round for IFTTT, and $1.7M for Zuli. A few days ago, Keen Home, a NYC-based startup developing connected home products, raised $1.52M in seed funding.