SmartThings Raises $12.5 Million to Internet Some More Things



By Kara Swisher, AllThingsD

SmartThings, the open platform for powering home-automation efforts, has received $12.5 million from Greylock Partners and Highland Capital Partners.

…SmartThings, which began as a Kickstarter initiative, had previously raised $3 million. It sells a starter kit for close to $200 that lets consumers control various things in the home — from lighting to climate or security — via a mobile application. That includes actions such as detecting motion or closing a garage door.”

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