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April 22, 2014 04:52 am GMT

Sequoia Backs Simplisafe In A Play For The Home Security Market

8761395184_eb8f82d934_bSequoia Capital has made a minority investment in the do-it-yourself home security company Simplisafe in a play on the home security and automation market, TechCrunch has learned. The investment from Sequoia came on the heels of Google's $3.2 billion acquisition of Nest Labs, which showed just how lucrative the home market can be. That deal netted a healthy return for investors, including… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/e8aECmxChSk/

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