Simplisafe Raises An Incremental $130M In Growth Funding To Continue To Transform The Home Security Market
Simplisafe Raises An Incremental $130M In Growth Funding To Continue To Transform The Home Security Market
04/13/21, 3:26 PM
Location
bostonMoney raised
$130 million
SimpliSafe®, creator of award-winning home security solutions, today announced it has raised $130 million in growth funding. The company continues to transform the category and prove the success of its business model, projecting to grow at a rate of more than 30 percent and exceed $400 million in annualized recurring revenue during the course of this year.
Company Info
Location
boston, massachusetts, united states
Additional Info
SimpliSafe fundamentally changed the alarm industry, pioneering a new way to make home the safest place on earth for everyone. Founded in 2006, SimpliSafe now protects millions of people and is committed to its founding goal: to make every home secure. SimpliSafe has been coined the number one home security pick by a number of highly-esteemed publications, and was named "Best Home Security System of 2020" by U.S. News & World Report.