Canary Connect
Latest round
- Series B
Last raised
- Jun 2015
Total raised
- $41M
Investors
- 9
About Canary Connect
Canary Connect, Inc.Founded in 2012 and headquartered in New York, US, Canary Connect, Inc. develops smart home security systems. The company completed a significant deal in October 2018, when Smartfrog Limited acquired a majority stake for USD 25 mn, allowing for expansion into the US market. The firm has undertaken five deals to date, reflecting an active investment approach.Canary offers a comprehensive range of home security solutions through its innovative product lineup, which includes the Canary View, Canary Flex, and Canary Pro cameras. Each device features 1080p HD video, night vision, and real-time motion alerts, ensuring effective home monitoring. The Canary Pro model includes additional functionalities such as a 90+ dB siren and climate monitoring, enhancing home safety.Canary generates revenue through direct sales of its security cameras and subscription services. The Canary View starts at USD 99, the Canary Flex at USD 199, and the Canary Pro at USD 169.Looking ahead, Canary Connect plans to leverage Smartfrog Limited's recent acquisition to enhance its product offerings and expand into new markets. The acquisition will support targeted expansion efforts in the US, with a focus on launching upcoming products designed to further integrate home security and automation. Smartfrog Limited's investment of USD 25 mn will facilitate these initiatives, paving the way for innovation within the home security landscape.
Who invested in Canary Connect
9 investors across 3 rounds
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Questions about Canary Connect
Who invested in Canary Connect?
Canary Connect has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Canary Connect raised?
Canary Connect has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Canary Connect last raise money?
Canary Connect's most recent round on record is a Series B, in Jun 2015.
What does Canary Connect do?
Canary Connect is a consumer products company.
Where is Canary Connect headquartered?
Canary Connect is headquartered in New York, US.
Which VCs invest in companies like Canary Connect?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Canary Connect's stage. Their profiles are linked below.
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