Comcast, Cisco Invest in iControl

iControl Networks announced the completion of a $23M Series C investment

July 22, 2009

1 Min Read

PALO ALTO, Calif. -- iControl Networks, a leader in broadband home management, today announced the completion of a $23 million Series C investment, bringing its total venture and strategic capital funding to more than $45 million. This latest funding includes new investments from Tyco International’s ADT Security Services, Cisco, Comcast Interactive Capital and GE Security, together with continued investment by Charles River Ventures, Intel Capital and the Kleiner Perkins Caufield & Byers (KPCB) iFund.

iControl’s broadband home management solution allows homeowners to see and control their homes—including security and energy systems—via the Internet, iPhone and other mobile devices. Funding from these visionary companies shows their confidence in iControl to create and lead a new technology category – connecting consumers to their homes, families and properties.

John Doerr, partner at KPCB, said, "iControl is extending home security and energy management to the broadband Internet and iPhones so consumers can see, protect and manage their homes anytime, anywhere. Millions of consumers will have safer homes and be smarter energy users thanks to the shared vision of these industry leaders and their support of iControl."

Icontrol Networks Inc.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like