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September 25, 2012 04:27 pm GMT

Smart Money For Smartphone-Controlled Smart Homes: TechStars Alum Mobiplug Gets $2.7M Led By Foundry Group

MobiplugThat was fast: Mobiplug Networks, a startup focusing on smartphone-controlled smart home technology, which was featured only in August as part of TechStars' most recent class in Boulder, Colorado, has today announced a new CEO and news that it has picked up $2.7 million Series A round of funding, led by Boulder-based VCFoundry Group.Bullet Time Ventures, SK Ventures, Social Leverage, Clarion Direct Investment are among the other strategic investors, the company noted today in a statement. Its new CEO, meanwhile, is Tim Enwall -- a serial entrepreneur who was most recently the CEO of Tendril, a company working in the adjacent area of energy consumption metrics.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RgjGcH5md6A/

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