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Vivint Solar secures $200m in residential solar funding

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08/07/2013

PROVO, Utah—Vivint Solar, a division of home automation/home security giant Vivint, based here, announced this week that it has secured two new tax equity funds worth $200 million.

Vivint teams up with builder to create energy efficient 'Zero Home'

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08/02/2013

PROVO, Utah—A new house that creates more energy than it uses has been created through a partnership between home automation/home security provider Vivint and Utah builder Garbett Homes.

Vivint gets new CIO

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Tuesday, July 2, 2013

Vivint has a new chief information officer, Todd Thompson, who hails from the hotel and airline industries, the company announced today.

Another home security giant also just hired a new CIO. The ADT Corp., based in Boca Raton, Fla., recently tapped Kathleen McLean, a former telecom exec, as CIO.

But while the position of CIO is a newly created one for ADT, that’s not the case with Provo, Utah-based Vivint. The Vivint CIO job that Thompson is stepping into was formerly held by JT Hwang, who will become chief technology officer, focusing on the development and integration of the company's products and platform, the company said in a news release.

Thompson will be responsible for companywide information technology functions, Vivint said.

Vivint President Alex Dunn said in a prepared statement, “Supporting our culture of innovation with advanced technology and effective processes has always been a priority, and Todd's experience in IT leadership will be a huge asset to our business.”

One thing both ADT’s McLean and Vivint’s Thompson have in common is that each comes from outside the security industry.

According to the Vivint news release, Thompson most recently "was CIO for Starwood Hotels & Resorts Worldwide, where he led the team that implemented the industry's first new-age reservation system, drove initiatives to enhance revenue and the guest experience, and streamlined the IT function." Prior to Starwood, the company said, Thompson was CIO for JetBlue Airways and before that led consulting practices for SBI.Razorfish and Arthur Andersen Business Consulting.

“Vivint presents a lot of exciting advantages from a technological perspective,” Thompson said in a statement. “As a company, we have the opportunity to do things that have never been done before, and we want to do the same thing with information technology. We, in IT, are committed to continuously helping reimagine our business so it's more effective than anything else out there as we contribute to the company's future success.”

Thompson holds a BS in computer science and an MBA from Brigham Young University.
 

Vivint to open new sales center in Washington state

The door-to-door company looks to diversify by growing inside sales 75 percent this year
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06/26/2013

PROVO, Utah—Home automation/home security giant Vivint is opening a new 400-employee sales center in Washington state, part of a move by the door-knocking company to diversify itself by increasing inside sales.

Goldman, Beekman see value in NorthStar

The Utah summer-model company says those two new equity partners will enable it to grow faster
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05/22/2013

OREM, Utah—The fact that Goldman Sachs and The Beekman Group are NorthStar Alarm Services’ new equity partners is a “vote of confidence” in that summer sales company, according to Henry Edmonds, president of The Edmonds Group, which facilitated the transaction.

Vivint CEO encourages entrepreneurs to pitch ideas

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05/14/2013

PROVO, Utah—A group of 10 Utah County-based startup companies competed to win $4,500 in cash and a chance to sit down with Vivint founder and CEO Todd Pedersen, according to an article from the Daily Herald, a newspaper based here.

Home automation a perfect fit on Mother’s Day?

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Wednesday, May 8, 2013

Flowers, breakfast in bed … and a security system?

In the past, that third item may not have come to mind as a way to make life easier and more enjoyable for Mom on Mother’s Day, but home automation may be changing that—or so a creative new marketing campaign from Vivint underscores.

A news release from that Provo, Utah-based home automation/home security company just in time for Mother’s Day points out that new home automation features can help make life easier for today’s hard-working moms.

The release is headlined: “Vivint home automation makes the perfect Mother's Day gift for busy moms.”

And this is how it continues:

As Mother's Day approaches, grateful children and husbands everywhere are looking for the perfect gift for Mom. For a busy mother looking for something to simplify her life, a new home automation system from Vivint, the largest home automation provider in North America, is the perfect fit.”

Wherever Mom is—at work, home, the grocery store, or traveling—she can check in at home using her smartphone, laptop, or computer. And whether she's a stay-at-home mom, a working mom, or a combination of both, she can use Vivint to watch live video of what's happening at home, arm or disarm the security system, get text notifications when the kids get home from school, and adjust the thermostat. All Vivint products work remotely with any web-enabled device, so moms on-the-go can always stay connected to their homes and families.

 

Integration heavyweights top revenue rankings

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05/02/2013

FRAMINGHAM, Mass.—Vivint, ADT and Guardian Protection Services all secured a top-five ranking for the annual CE Pro 100 list, which recognizes the highest revenue residential integration companies in North America.

Vivint Live: personal touch monitoring; Vivint president takes on solar CEO duties

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Wednesday, April 3, 2013

Two recent developments from home automation/home security giant Vivint caught my eye. One is a new feature for homeowners called Vivint Live, which the company said links customers directly to a monitoring professional and helps reduce false alarms. The other is that Alex Dunn, who just recently became president of Vivint, is also now interim CEO for Vivint Solar.

Provo, Utah-based Vivint announced today that with Vivint Live, its customers can now use their touchscreen panels to communicate directly with a monitoring professional in the event of an alarm.

Here’s what the company had to say:
 

When an alarm is triggered, the signal is sent to Vivint's award-winning monitoring center, which is staffed 24 hours a day throughout the year. Upon receiving the alarm, a Vivint in-house monitoring professional speaks to the customer through the touchscreen panel. Acting as a first responder, the agent assesses the situation, confirms an emergency with the customer, and dispatches emergency personnel accordingly. With Vivint Live, homeowners have the personal, immediate response they need to work through any emergency situation and receive necessary care. …

… Vivint Live's quick response also allows Vivint to decrease the number of false alarms. Vivint monitoring professionals connect directly with the customer and then dispatch emergency personnel only during a legitimate emergency or when the customer cannot be reached.

In other news, the company also announced yesterday that Tanguy Serra has stepped down as CEO of Vivint Solar and that Dunn is now interim CEO. Serra said in a statement that it’s time for him to step away from day-to-day operations but that he still will be involved as an advisor to the company.

Vivint Solar, a company that Vivint created in 2011, is one of the fastest-growing residential solar power provider in the North America.

Dunn said in a statement: “Tanguy has helped us build an amazing business, and we are grateful for all of his hard work and dedication. Vivint Solar is what it is today because of his leadership. We are committed to expanding upon the foundation that he has built, and believe our solar solution to be a critical component to helping our customers save money and gain energy independence.”

 

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