Vivint Gets $100M from Peter Thiel And Mitt Romney

Author: Brian Karas, Published on Apr 27, 2016

One of the most prominent Silicon Valley investors and a former presidential candidate are backing Vivint with a $100 million investment. 

In this note, we look at the details of this new investment, and the high valuations for consumer-focused security companies.

*** ** *** **** ********* ******* ****** ********* *** * former ************ ********* *** ******* ****** **** * $*** ******* investment. 

** **** ****, ** **** ** *** ******* ** **** *** investment, *** *** **** ********** *** ********-******* ******** *********.

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

Vivint **********

************* ** *** ***** ** ****, **** ********* ** ****** in ****.  ****** ***** *** ******** ** * ******** ******* in ****. ****** *** ******** ** ******* ****** **** ********** ***** for $** ** ****, *** ****** ***** ***'* ** **** and **** ******* ** ********* **** ********* ** **** ** be acquired *** $*.** (**** **** ***** **** *******).  

******* *** ****** ** $****, *** *** ******* ****** ** excess ** * ******* *********.

******** *** *** ******* **** ******** *** ******** ** ****** of ******. ** ** ********* **** *** * ******** *** to *** *** ******* ******* ** * *****-******* ****** *********** and ********* *******.

Investment *******

*** ************ ***** ***** ***** *** ******** ******* ** *** **-******* ** the *****.******** ** **** ******'* ** ****, *** ***** ***** *** * track ****** *** ********* ** ********** ********-******* ********* **** ******, Facebook *** ******.

Huge ********** ** ******** *****

**** *****, **** *********** ******** ******** ********* ******** ** *** ***** valuations **** *******. *********, ********-******** ******** ********* *** ******* **** investments *** *********** ******.  ** **** ******* *******'*$**** ***********,****'* $**** ** ***** *******.  **** **** ** ****** *** $*.**.  ******* ******** *********** *** $****

**** ********** ********* *** ***** ** **** ********** *** ********-******** security *********.

Contrast ** *** ****

** *********** ** ****** ** **-******** *** ********.

********** ****** ******* ********-***** ******** *** ********* ********, *** ******* ** DIY ************ *** **-********* ** ******** ** ******'* ****-*** ******** that ******** * ********** ********.  

****, *** *********** ******* *********, **** ****** **** ***** ** DIY ******** ******* *** **** *** * ********** ********.

***** *** ******** ***** ****** * ****** ** ******'* ******** model, **** ********** ******* ********* **** ********* *** ******* ****** in *** ***-****** ******** "********* ****" ******.

 

Vote ** ******

Comments (12)

******'* ******* *** ********** ** *** *********** *********** *** **********. While * ****** ***** ****, *** ****** ** ************ * significant ***** ******* *** **** ** ******* **** *******. ** one **** ** ** ******* *** ****** ** *** *******; he ** *** *** ** ** ******** **** *** ** buy ***** ***** *** ******. ****** *** ******* *** *** to *** *** ******* ******** ******** ** ******** ** ***** system. *** **** ** ** ****** **** ****. ***** ****** of ***** ******** **** **** **** ********** ******** **********, ******* by **** ** ******* ****.

********* *** ******** *** *** *** *** **** ** *** customers *** *** * "************ ************" ***** *** ******* *** non-conflicting...for ***.

**** ** *** ***** **** * **** **** ***** ****** or ********** ** ******'* ***** **********.

*'* *** ****** *** *** *****; *'* **** ****** **** I ** ********* *********.

**** *** **** ***** ***********, **** *** ** ***** ***** or *********** **** *** **?

***** ***** **** **** *** ** ***** ******** *** ***** technicians **** *** ** ***** *** *********. ***** **** **** the **** ************* *** *****. **** **** ***'* **** *** first ***** ***** ********, *** **** **** *** ** **** people. ********* **** ***** **** **** **** **** ******** ****. Vivint ********* **** *** ** ** ****. *'* *** ****** these **** *** ******* ** * ***** *** **** ******* security ****** ** ** ****, *'* **** ****** **** **** how ** *** ** ****. **'* *** ***** **** **** with *********, **** ** *** **** *****.

******* ******** ********* ** ****** *** ******** *** **** ****. From **** ** *** ****** ** ****** ***** **** ** an *****. ****'** *** ******** ****** **** ******** ** *** or *** ******* *** *********** **** ***.

** * ****** ****** **********, * *** **** *** **** two ***** ** ******* ****** **** ***** ********, **** ******* for * ****** ** *****. **** ** *** ***** ***** team **.

** * ****** ****** **********, * *** **** *** **** two ***** ** ******* ****** **** ***** ********, **** ******* for * ****** ** *****. **** ** *** ***** ***** team **.

****** **... **** ** **** ** ***** **** ** **** and ****** ** ******* ** ***** *****...

**** ******* *** "****** **** ******* *******" ***** ******** ******** Mormom ************ *** ******* **** ** ***** *** ** *****.

***** ***** **** **** **** ***** * ***** ******** ** doors *** ********** ********** ****** ** * ********** **** ******* than ** ***** ********.

***** *** ****** ******* *** **** ********. ** **** ******* the **** *** ********** ********?

*** **** ******* ***** ** *********, *** ** ** ******* recently **** *** ***** ******** *** **** *****.

*** **** ******** ** **** ***** **** ***** ****? *** kind ** ******...

**** ** *** ****.....

****://***.*********.***/****/********/****-**-**/******-*****-*******-*********-*****-*********-*********-****

***** ****** *** **** ******* ******* ******* ******* *** ******?

***/****** ******* *** ****** ** *** ***** ****, ***** ** the ********* ** *** ***** ** **** ********** ******* *** automation *********** **** ***** *******... *** ***** *****, ***********, ******** control *** *********** ******** *** **** ** ****** **** (******) would *** ** ** ********** ** **** **** ****...

* ***** **** ********* ** ********. * *** ** ***** growth ***** **** *** **** **** **** ****/*** ************** ******** in **** ** *** ******* ******* ******* **** ****** ******* in *** *.*. ** *** **** **** ****** ****-**** ******** was *** ******* *******, **** ***, ***** ****.

**** ** *** ** *** ******* **** *** *** ******* have ** ****** ****** *** *********** ***** *****.

****** *** ****** *** ** ****** *********** ******** ** **** as ******* **** ****** ********* ****** / ***** ** ***** home ******. *** ****** ** ****** ****** **** *** ****'* spread ****** ** ******. **** ** *** **** ****** *** Vivint ** **** ** ******** **** *** **** ** **** you *** ** *** ******* ********.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

ObjectVideo Acquired by Alarm.com on Mar 14, 2017
Once potentially the most recognized name in video analytics, ObjectVideo has effectively been sold for pieces. Alarm.com has now acquired what...
SimpliSafe Camera Tested on Mar 07, 2017
SimpliSafe ia one of the most controversial companies in the industry, as they have become the symbol of the DIY threat to traditional alarm...
The Hot RMR Company - Electric Guard Dog on Feb 22, 2017
The financiers at the Barnes Buchanan conference praised a company named 'Electric Guard Dog'. While the name sounds fairly low tech, the money and...
Hikvision Ezviz Mini 360 Plus - $80 Autotracking Camera Tested on Feb 21, 2017
Autotracking, integrated IR, local storage, full HD, cloud access: $80. That is the claim of Hikvision EZVIZ's new Mini 360 Plus. But for this...
$18.7M PSIM Acquisition Examined (IDV / Everbridge) on Feb 06, 2017
This may be the biggest deal for a PSIM developer ever. In a segment that has disappointed for more than a decade, a recent IPOed company has...
Veracity Acquires PSIM Manufacturer on Feb 03, 2017
Most well-known for their Ethernet extenders, with their own video surveillance storage offering, Veracity has now acquired a PSIM. UK-based...
Exacq 3 Co-Founders Exit on Jan 10, 2017
Exacq co-founders David Underwood and Daniel Rittman have exited the company. UPDATE: And a 3rd co-founder is now also leaving. In this note,...
Hikvision Discontinued 'Migration' Tested on Dec 16, 2016
In 2 weeks, Hikvision's online service web portal will be discontinued. Hikvision has now framed it as a 'migration', though the transition will be...
2017 Video Surveillance Predictions on Dec 15, 2016
2017 should be an active, if not rocky, year for the security industry, according to predictions from IPVM integrators. We surveyed integrators,...
5th Acquisition for ACRE, Adds ComNet on Dec 14, 2016
Mercury, Siemens Security, Vanderbilt, ACT and now ComNet. While other companies are trying to get out of security, emerging conglomerate ACRE...

Most Recent Industry Reports

Axis Camera Vulnerabilities From Google Researcher Analyzed on Mar 23, 2017
A Google security researcher has reported 6 vulnerabilities for Axis cameras, affecting multiple models and firmware versions. In this report, we...
OpenEye Takes Aim At Exacq on Mar 23, 2017
First Milestone targeted Exacq with a takeover offer, and now OpenEye is gunning for them with an offer to swap out Exacq for their cloud-managed...
Lock Keyways For Access Control Guide on Mar 23, 2017
Lock keyways can be the difference between a lock working or not. Understanding keyways is important for access control. Indeed, a member recently...
Broken Browser Support for Video Surveillance on Mar 22, 2017
Modern web browsers have left the security industry behind. Current Chrome, Firefox, and Microsoft Edge browsers do not support NPAPI plugins,...
ADI Favorability Results on Mar 22, 2017
150 North American integrators provided feedback on 6 distributors, and why they do (or do not do) business with ADI. ADI is clearly a big name in...
1 Million Dahua Devices Exposed To Backdoor on Mar 22, 2017
Statistics show that 1 million Dahua devices are publicly exposed and vulnerable to the Dahua backdoor. Despite this, Dahua has downplayed the...
Hikvision Hires Crisis Communication Writer on Mar 21, 2017
Hikvision has hired a crisis communication writer as the company ramps up its efforts to deal with the 'crisis' it feels it is facing. 'Crisis...
Glass Break Sensor Tutorial on Mar 21, 2017
Burglars often break glass windows to get into a house. Using glass break detectors in conjunction with alarm contacts is a good way to protect the...
Unikey Smart Phone Access Control Platform on Mar 21, 2017
More and more people carry smart phones. Many think this could replace the conventional key or card for access control. However, using a phone...
Hikvision Attacks IPVM on Mar 20, 2017
Hikvision has attacked IPVM repeatedly over the last month, both in the international press and in its dealer communications. Attacks Listed On...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact