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Sequoia pumps $57m into SimpliSafe

May 28, 2014Leif Kothe

In the modern security environment, there's no shortage of relatively new, tech-savvy companies intent on revising the traditional alarm monitoring business model. That some of these upstart companies, such as Cambridge, Mass.-based SimpliSafe, are now attracting serious outside investment interest is a development that bears watching. SimpliSafe, which provides wireless security systems and professional monitoring services without long-term contracts, recently partnered with Sequoia, a prominent...

central station alarm monitoring, Physical Security, Sequoia, SimpliSafe