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SmartThings Raises $12.5M In Series A Funding

By TechTaffy Desk

SmartThings

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]

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