Home Security Deal: iControl Acquires Piper

Author: John Honovich, Published on Apr 09, 2014

Almost every month, a new security / surveillance company launches a crowdsourcing campaign. In 2013, one notable startup was Black Sumac's Piper, that raised $300,000 on IndieGoGo for an all-in-one HD fisheye camera, alarm siren, temperature / humidity sensor and a Z-wave hub, for less than $250.

Now, they are being acquired by iControl, a $100+ million Silicon Valley VC funded company.

In this note, we look at the potential of thi deal and its impact on the hot home security / surveillance market.

****** ***** *****, * *** ******** / ************ ******* ******** a ************* ********. ** ****, *** ******* ******* ******** *****'* *****, ********** $***,*** ** ************ *****-**-***** ******* ******, ***** *****, *********** / ******** ****** *** a *-**** ***, *** **** **** $***.

***, **** ******** ******** ** ********, * $***+ ******* ******* ****** ** ****** *******.

** **** ****, ** **** ** *** ********* ** *** deal *** *** ****** ** *** *** **** ******** / surveillance ******.

[***************]

iControl's ***********

******** **** ****** ***** ** *** ***** *** ** *** market, ** ***** *****, "****** **********, ********-******** ********** *** ************* *********."

**** ***********, ****** ********'* *********** *** ******** *****, ***** **** were * ********* ** ****************** *****, ***, *******, **********, ***., ******** **** **** ***** **** allow **** ** "****** **** ***, ******** ******* **** **** ***** ** *** step ****** ** *** ****** ** * **** ********** ******** for ***** *********."

*** ****** **** ** ******* ******** **** ****** * ********** to ***** ******** ******** ******* ***** *** **** **** ****** to *** ***** ******* *** ******* ****, *** ******** **** service ********* ** *** **** ** *** **** ***** ****.

Deal ********

**** ** ******** ** ** * **** **** *** *****:

  • ******* *** **** ***** ****** **** ******* ** ******* ** a *** ****, ********** ** * ****** ***** ** ***** is ** ******* *********.
  • ***** ******** ** * ********* **** ******* ***** ***** ** unlikely *** '******* ***' *** **** *****'* ********* *** ********** will **** ******** ******* ******** ******.
  • ******** ****** *** ****** ******* ~$*** ******* ** ** ******* over *** **** ****** *** **** *** ****** ******** ***** to * ****** ** ********* *******.

** *** ********, *** *******, ***** ********* ** ***** **** early *****, **** ******** ** **** ** *** **** *** months. **** ***** ** **** ******* *********** ********** *********** ** well ** * ***** *********** **** ** *********** ******** **** iControl's ******** ******** ****.

**** **** *** *********** **** ******** *** *** *** ******** security *****, ** ***** *** **** ****** ******** *******, *** this ** **** *** ****.

Comments (6)

**** ** ******** ** ** * **** **** *** *****:

*** ***** *** *** ** *** "********** *******" ** ** got ***** **** *** ***** *** ** *** ****? *** you ******* ***** ** ******* ******* *** *********?

"** *** ********** ******* **** ***** ** ******* ****** **** iControl, *** **** ******* ** ******** ********'* ********* ** *** next *****,” **** ******* ***, *** ** **********

**** *** *** *** *** **** **** ****** **** ****, everyone ***** *** **** ** '*** *** *****!"

***** ** ***, **** *** ********* **** *********, ** **** can *** ******** **** **** *** *** *** *** ** grounds ** *********. **** ** **** * ***** *******.

********, ****** ** ** '********** *******' ** ***********. ***, **, ***, **** **** ** ** ***** ** say ** *** ***** *******? "* ** ****** **** ** had ** ****** *** ******* *** *** *********** ***** ** a ******* **** ****** $*** ******* *******."

**** ****, * ** **** ** ** ******* **** *** project ***** ** *** *** *** * ****** **** * bigger *******.

********, ****** ** ** '********** *******' ** **** *******.

***** ****, *******, ****'* **** ** *** **** * ******* and **** ***** **********. *** ** ******* ** ****-***** ************ and ***** ******* $* ******** ****** ***** *** $**, ***** the ******* ** ******** ** ****; *** ****** ********, ** offense *****, ********** **** ****?

** ** **** **** ** *** ** ******* ** ****** to **** * **** **** ******* ** **** ** **** think ** **** ** ****** ******, ** ** ***'* **** have *** ****** ******** ** *** *** *** ***?

**** ********* **** *** ******* * ***** ***** *** **** than *** ***** ** ******** **** *** ***** **********:

*** ***** **** **** ****** ******* ** ******, *******, *** will *********** ******* **** *** *********** *** ********** ** *** core ******** ******** ************.

"****, ***** *** ** *** **** ******** **** *** **** all ** *** ******* ***********, *** ** ******* *** **** that ** ****** ***** *** **** ********** ** *** ************, since ** *** ********* ****..."

** ** **********, ********** ********* ** *** ***** *** ****** that *** ********** ** ****. ******* ** ********* ** ** drafts *** **** ******* *** *** ***** ********* ****** ***** it.

**** ****, *** ** ***** *** **** ********** ** *** invents **, *** ******** **?

** ****** *** ********* ******** *********, ** **** ******* **.

*** * ***'* **** ** ** * *********, **'* **** a **** ** ****** ** ******** *** *********.

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