Motorola Buys Connected Home And Energy Management Software Developer 4Home
4Home software platform essentially adds a technology layer to any consumer’s home. Services include energy management, home security and monitoring, media management and home health. The software allows consumers to control web-based content on their TVs, appliances in the Kitchen, home devices and digital media in one unified user-interface, and track their home energy usage down to the device level. The technology also has mobile functionality as well.
4Home will be part of Motorola Mobility, which is comprised of Motorolaâ€™s Mobile Devices and Home businesses. Motorola Mobility will soon split into a separate entity in early January.
The startup has raised over $9 million in venture funding from Pond Ventures and others. And apparently 4Home is growing. A recent VentureBeat article cited that 4Home grew revenue by 300 percent in 2009 and doubled its workforce.
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