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But the company managed to survive the pandemic by reducing the amount of money it originally wanted to raise from 50 million to 10 million, and by adding the Cam Plus subscription plan, among other things. [8] At the end of 2022, Wyze announced 2023 as the “year of the camera”, and released three new cameras as of March 2, 2023 [9]
In August 2021, SimpliSafe added a third camera to its suite of products, the Wireless Outdoor Security Camera, expanding the company's protective services outside of the home. [ 24 ] In May 2022, SimpliSafe raised in excess of $200 million of incremental funding to support growth, while also refinancing its existing facilities.
In January 2020, Vivint completed a merger with Mosaic Acquisition Corp. and became a publicly traded company on the New York Stock Exchange. [ 19 ] In December 2022, NRG announced the acquisition of Vivint Smart Home for $2.8 billion in cash, adding home security and automation to its offerings, expected to close on the first quarter of 2023.
Arlo Technologies is an American company that makes wireless surveillance cameras.Prior to an initial public offering (IPO) on the New York Stock Exchange in August 2018, Arlo was a brand of such products by Netgear, which retained majority control after the IPO.
Fortune Brands Innovations, Inc. (or "Fortune Brands") is an American manufacturer of home and security products, headquartered in Deerfield, Illinois.Its portfolio of businesses and brands includes Moen and the House of Rohl; outdoor living and security products from Therma-Tru, Larson, Fiberon, Master Lock and SentrySafe; and MasterBrand Cabinets.
Knightscope was founded in 2013, its founders stated that they were motivated to create autonomous security robots following the Sandy Hook School Shooting in 2012. Knightscope shipped their first robot in 2015. The company has four models of robots, designed for indoor, outdoor, and all terrain uses, as well as a model for stationary use.
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