SmartThings has raised $12.5 million in a Series A round of funding from Greylock Partners and Highland Capital Partners. The latest investment brings the company’s total funding to $15.5 million. SmartThings says it will leverage the capital to enhance its products and to further expand distribution.
SmartThings lets consumers install connected devices and control them through a single mobile app. The company has an ecosystem of over 3,000 inventors and developers producing connected devices and apps in the cloud.
[Image courtesy: SmartThings]