Litestream wins $10 million in VC
TAMPA, Fla. - Litestream Technologies, a utility provider of bundled services that include phone, cable and alarm monitoring services to residential master-planned communities in Florida, received $10 million in capital from American Capital Corp. last month.
The Florida Venture Forum, which organizes the annual conference, said Litestream received the funds based on its presentation at this yearÃ¢â‚¬â„¢s Florida Venture Capital Conference, held in January. Litestream generates its revenue through long-term, exclusive contracts with real estate developers.
Litestream was one of four presenters from the conference who have received funding, totaling more than $28 million.
NMC rolls out Internet monitoring
ALISO VIEJO, Calif. - Third-party central station National Monitoring Center recently introduced Internet monitoring using Radionics NetCom, Alarmnet-i and DMPÃ¢â‚¬â„¢s iCOM SL. With this new offering, the company said it will be able to provide for faster communication and reduce telephone costs, among other benefits, for its dealers and subscribers.
Earlier this year, the company also received its FM approval standard 3011 for central station service for fire alarms and protective equipment supervision.
First students complete CSAAÃ¢â‚¬â„¢s online training
VIENNA, Va. - The first group of operators recently completed the Central Station Alarm AssociationÃ¢â‚¬â„¢s new Central Station Operator Level 1 online training, the CSAA announced last month.
In less than three months, more than 100 people have signed up to take the course. Since Rhonda Peters of Wayne Alarm became the first to complete the course on May 2, 47 more students had finished it at press time. The CSAA said it expects the number of graduates to rise dramatically in the next three months.