Company Closes Series-B Funding, Garners Patents and Industry Awards, Renews Strategic Partnerships
SUNNYVALE, Calif., April 13 /PRNewswire/ -- 4Home, the leader in connected home software, today announced the completion of its Series-B financing during the 1st quarter. The $6.8M round catalyzed a productive start to its sixth year in the connected home services market.
"4Home's revenue grew by 300% in the past year and we more than doubled our workforce in the same period. As a result of this growth we'll be relocating our offices to a larger Sunnyvale complex in May," said Leon Hounshell, President and CEO of 4Home. "We couldn't be more excited about the momentum 4Home is building and are expecting strong growth in 2010."
The company is known primarily for its work in pioneering connected home services, which include energy management, home control and monitoring, media management, and home health. With service providers, retailers, and utilities increasing their investments in the space, 4Home's agnostic and distributed ControlPoint platform design has become the industry standard for rolling out such value-added applications.
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