# Immedia Semiconductor

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/immedia-semiconductor

- Industry: Consumer Products
- Headquarters: Andover, US
- Website: www.blinkforhome.com
- Total disclosed funding: $20M
- Latest round: Series B (Jan 7, 2014)
- Investors on record: 3

## About

Immedia Semiconductor, LLC specializes in innovative smart security solutions, offering a range of high-quality cameras and monitoring devices designed to enhance home safety and provide peace of mind for homeowners.Founded in 2009, Immedia Semiconductor, LLC operates under the brand Blink Smart Security, focusing on smart home surveillance technology. The company is headquartered in Andover, US. In December 2017, Amazon.com acquired Blink Home Security for an undisclosed amount. The company has successfully completed a total of 11 deals, with the most recent deal occurring on December 22, 2017. Their latest funding round was a VENTURE DEBT round, raising USD 1.000 mn, bringing the total amount raised to USD 5.800 mn.Blink Smart Security offers a variety of indoor and outdoor security cameras aimed at enhancing home monitoring. Their key products are the Blink Outdoor 4, featuring high-definition video and motion detection, the Blink Mini 2, a versatile indoor/outdoor camera with HD night vision, and the Blink Video Doorbell, which provides an expanded field of view and improved battery life. These products cater to homeowners in North America and Europe, where demand for smart home technology is rising.Blink Smart Security's revenue is driven primarily by direct-to-consumer sales through online channels and subscription services for added features, such as person detection and extended video storage. Customers typically purchase devices like the Blink Outdoor 4 and Blink Mini 2 and may subscribe for additional functionalities. This dual revenue model allows Blink to serve both immediate retail customers and those seeking ongoing service enhancements. Partnerships with retailers also provide additional sales avenues, increasing customer accessibility.Looking ahead, Blink Smart Security plans to expand its product lineup with new innovative security devices and features designed for launch in 2024. Additionally, the company aims to penetrate markets in Asia and Latin America by 2025, leveraging recent funding from the VENTURE DEBT round to support these initiatives. The acquisition by Amazon.com also positions Blink for strategic growth in collaboration with Amazon's extensive distribution channels.

## Funding rounds

- Series B, Jan 7, 2014, $12M — Comcast Ventures, Flybridge Capital Partners, AKAMAI Capital
- Series A, Feb 2, 2010, $0.3M — Flybridge Capital Partners
- Series A, Oct 26, 2009, $8M — Flybridge Capital Partners

## Investors

- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Series A, Series B
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series B
- AKAMAI Capital — Series B