One of the top VCs in the world has invested a staggering $57 million in a DIY Intrusion monitoring company, Simplisafe.
But who is Simplisafe? Why did they get $57 million? And how do they compare to traditional offerings like ADT?
In this note, we examine the key drivers and structural differences. This is the first part of our Simplisafe review, which will conclude with a full test of the system later this month.