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[4] [5] At the time, the company sold and installed security systems. [4] APX Alarm Security Solutions rebranded as Vivint in February 2011. [4] [6] Vivint was acquired by The Blackstone Group in November 2012. [7] The company launched Vivint Solar, a solar energy company, in 2011. [8] Vivint Solar went public in October 2014 and was later ...
SimpliSafe was founded in 2006 by then-Harvard Business School students, Chad and Eleanor Laurans after several friends in the Cambridge area experienced home break-ins, but couldn't find a security company that was designed to help renters.
In November 2013, Ring was founded as Doorbot by Jamie Siminoff. Doorbot was crowdfunded via Christie Street, and raised US$ 364,000, more than the $250,000 requested. [1] [4] [5] Siminoff's team envisioned the product's concept as an "alarm system literally turned inside out" in comparison to other security systems, describing it as a "pre-crime" system. [6]
The company began offering energy management in early 2010, allowing users to remotely control heating and cooling on their property using mobile apps or via the company's website. [ 4 ] Alarm.com reported revenues of $167.3 million and a user base of more than 2.3 million subscribers in 2014.
Under this approach, alarm monitoring companies must verify the legitimacy of alarms (except holdup, duress, and panic alarms) before calling the police. Verified response typically involves visual on-scene verification of a break-in, or remote audio or video verification.
A control panel is implemented to arm and disarm a home security system. The control panel is the main connection to the alarm company monitoring a home. It typically features a touchpad or buttons to easily maneuver the system, and some newer systems also feature voice control or wireless remotes (key fobs). [5]
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