Subscribe to RSS - alarm.com

alarm.com

Alarm.com puts its own spin on PERS

 - 
Wednesday, January 8, 2014

Alarm.com’s new Wellness solution, unveiled recently at CES, may perform some of the same functions as a traditional PERS unit, but the solution has the unmistakable stamp of an Alarm.com offering.

The solution combines mobile notifications and sensors with the company’s home automation platform, a medley of functionalities that make it a unique contribution to the independent living product realm, which is fast becoming a widespread RMR-generating fixture in the industry.

That’s not to say Wellness doesn’t feature some of the typical trappings of more traditional PERS technology. The solution includes panic buttons, for instance. But how the offering differs from traditional PERS units in some ways parallels how Alarm.com initially distinguished itself as a company in the residential security space—through its automation functions. Through a network of sensors, the solution can automatically detect unusual information and send mobile notifications to caregivers.  

Since Wellness is fully integrated with the company’s home automation, energy management and security services, the offering essentially slots in as another component of the broader ecosystem of a connected home. Another neat wrinkle to the offering, and one that maybe shouldn’t be surprising given the overarching design of the solution, is that it enables caregivers to adjust household devices like thermostats remotely.

It’s hard to think of a product perfectly analogous to this elsewhere in the industry, though that doesn’t mean there’s not one, or at least something similar in scope and breadth. In the coming days, once CES is in the rearview mirror, I plan to speak to Alison Slavin, VP of product management at Alarm.com, to find out more about how this product puts a new spin on the PERS space, as well as what the future holds for the company in that market. 

Tyco partners with Alarm.com

Tyco Security Products will offer Alarm.com-integrated products in 2014
 - 
12/04/2013

CONCORD, Ontario—Tyco Security Products is adding Alarm.com to its list of technology partners; by the middle of next year, Alarm.com will be available on DSC IMPASSA series and hybrid panels.

SuretyCam customers happy to connect

Ohio Alarm.com dealer had good customer response in Customer Connect beta project
 - 
11/13/2013

COLUMBUS, Ohio—Ryan Boder, president of SuretyCam, an Alarm.com dealer based here, believes that keeping in touch with customers keeps attrition in check.

Polk goes PE, Pagnani takes over at Capital One

 - 
Wednesday, September 18, 2013

There’s news in the finance and investment world today. Bill Polk, who’s been running the security division of Capital One since its inception in August of 2011, is moving into the private equity world.

Polk is joining Egis Capital Partners, an investor in alarm.com. ECKey and, as of last May, CSSN. Here’s a video interview I did with Egis founder Robert Chefitz in June.

Tom Pagnani, who has worked with Polk at Capital One and at CapitalSource before that, is taking over as managing partner at Capital One.

I spoke to all three this morning.

“We continue to see enormous opportunities at all levels of the capital  structure. … From my point of view [there is great] equity opportunity with fast-growing younger companies. [Working together with Robert] is something he and I have talked about for a long time. And I think it's a great opportunity to move forward,” Polk said.

Polk noted that lately the private equity community “has had a sharp focus” on the security sector, but most in PE groups are generalist who lack expertise in the physical security business. Young companies looking for PE partners can benefit from working with a group, like Egis, that has that expertise, he said.
 
Chefitz said that Egis likes to “work closely with management teams and with private equity funds that want to invest in the business.” He said he’s ecstatic that Polk is joining Egis full time, noting that Polk brings experience and relationships with management teams of target investments and relationships as with other PE funds.

Chefitz said Egis is excited to continue working with Capital One.

Founded by Chefitz in 2007, Egis targets companies with enterprise values of $30 million to $200 million “that require a total investment between $10 million and $40 million.”  In addition to its investment in alarm.com, Egis closed in May on an investment in CSSN, a company that does passport and drivers license authentication and identification. “And we did that with the well-regarded Insight Venture Partners,” he said, adding that Insight has a brand new $2.5 billion fund as of this past April. Insight is an investor in Twitter and LinkedIN. “They have a tremendous brand name in technology and it’s interesting that [they’re investing in] security,” Chefitz said.

Egis has also “worked with Joe Grillo [former CEO of HID and Assa Abloy’s global technology division] in his business activities at ACRE,” Chefitz said.  

Tom Pagnani said that this move is a logical transition for Polk and said that it’s an opportunity for himself and John Robuck to “continue to make the Capital One name known in the security alarm industry.”

“Egis is going to be quite active,” Pagnani said. He called Polk is a key addition to the Egis operation. "We’re excited about the prospect of doing deals with Egis,” Pagnani said.

iControl Networks sues Alarm.com, FrontPoint Security

Lawsuit seeks damages, injunction
 - 
07/15/2013

REDWOOD CITY, Calif.—Home technology provider iControl Networks on July 10 filed a patent infringement lawsuit against competitor Alarm.com and FrontPoint Security, an Alarm.com customer.

Schneider Electric, Alarm.com partner to manage home energy

 - 
06/05/2013

PALATINE, Ill. and Vienna, Va.—Schneider Electric and Alarm.com have teamed up to bring Schneider’s Wise home management system to home builders, utilities and other service providers in the efficient energy space, the companies announced today.

Alarm.com accuses Telular of taking intellectual property

Lawsuit claims Telular’s Telguard Interactive and Telguard HomeControl are based on Alarm.com’s patented products and services
 - 
05/22/2013

VIENNA, Va.—Alarm.com, an interactive services provider based here, filed suit this week against Telular Corp., contending that Telular has been using Alarm.com’s patent-protected products and services without permission as its own.

SW24 adds DIY to tap apartment market

Security provider will sell the systems at new Manhattan store and online
 - 
02/20/2013

NEW YORK—Targeting what it sees as an underserved market—apartments, with more than 2 million in metropolitan New York alone—SecureWatch 24 is getting into do-it-yourself security and is opening a store near Rockefeller Center to sell the systems.

2GIG adds indoor infrared HD camera

 - 
01/28/2013

LIBERTY, Mo.—2GIG Technologies, based here, has added the HD100 indoor high-definition camera to its family of security and home automation products, according to a company statement.

Pages