Public | |
Traded as | NASDAQ: CTRL |
Industry | Home Automation |
Founded | 2003 |
Founders | Eric Smith, Will West, Mark Morgan |
Headquarters | Draper, Utah (Salt Lake City mailing address) |
Key people
|
Martin Plaehn, CEO; Mark Novakovich, CFO |
Number of employees
|
530 |
Website | control4 |
Control4 develops smart home automation systems to control lighting, entertainment, security, energy, and other connected devices. The company's 2013 initial public offering was considered to be the 'first pure-play home automation IPO ever.' Control4 is based in Draper, Utah with offices in York, England; Shanghai, China; Bangalore, India and San Jose, CA.
Founded in 2003 by Eric Smith, Will West and Mark Morgan, Control4 debuted at the CEDIA 2004 home technology trade show and released its first products later that year. The company received funding from Foundation Capital, Thomas Weisel Venture Partners, Signal Peak Ventures, Frazier Technology Ventures, and Cisco Systems prior to its August 2, 2013 IPO. Current CEO Martin Plaehn joined Control4 in September 2011.
Control4’s home automation systems have been likened to an operating system for the home. The company develops a branded line of products and services to control home lighting, multi-room audio, and HVAC systems that utilize communication protocols such as ZigBee, Wi-Fi, Bluetooth, and Z-Wave. Control4 also supports more than 8,000 devices from third-party manufacturers, including the Nest smart home thermostat, CoolMasterNet for seamless integration with VRF & Split HVACs,Sonos music system, and products from Sony and Sub-Zero. For example, with Control4, a homeowner could control “the ventilation in his garage, the music streaming to speakers in multiple rooms of his home, every light, the TV, the thermostat, even the Blu-Ray player in the guest house” from an iOS device.