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Vivint gets $100m investment from Peter Thiel, Mitt Romney's investment firm

April 27, 2016Paul Ragusa

PROVO, Utah—Vivint Smart Home on April 27 announced a $100 million strategic investment from Peter Thiel and Solamere Capital, an investment firm founded by Tagg Romney, Eric Scheuermann and Spencer Zwick, and chaired by Mitt Romney.In an internal memo shared with Security Systems News, Todd Pedersen, founder and CEO of Vivint Smart Home, told employees that this strategic investment will help accelerate growth and innovation. “As a venture capitalist and an entrepreneur, Peter Thiel...

Jeff Lyman, Peter Thiel, Solamere Capital, Todd Pedersen, Vivint

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