SmartThings
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Type of site
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Subsidiary |
|---|---|
| Available in | English |
| Founded | 2012 |
| Headquarters | Palo Alto, California |
| Area served | United States, Canada, United Kingdom, Ireland |
| Owner | Samsung |
| Founder(s) | Alex Hawkinson, Andrew Brooks, Jeff Hagins, Ben Edwards, James Stolp, Scott Vlaminck and Jesse O'Neill-Oine |
| Industry | Home automation |
| Parent | Physical Graph Corporation |
| Website | smartthings |
| Native client(s) on | iOS, Apple Watch, Android, Windows Phone, Samsung Gear S |
SmartThings Inc. is a technology company headquartered in Palo Alto, CA with a software development center in Minneapolis, MN. SmartThings is building an open platform for smart homes and the consumer Internet of Things. SmartThings makes a hub (sometimes called "gateway" or "home controller"), cloud platform, and client applications.
SmartThings was bought by Samsung in August 2014.
The company was founded by Alex Hawkinson (CEO), Andrew Brooks (COO), and Jeff Hagins (CTO), Ben Edwards, James Stolp, Scott Vlaminck and Jesse O'Neill-Oine. The group founded SmartThings in spring 2012 and first launched on Kickstarter in August 2012, raising $1.2 million. Consumer internet executive and former Etsy CEO, Maria Thomas, joined the founders in early 2013 as Chief Consumer Officer. The company has raised $15.5 million in capital to-date, including $12.5 million in a Series A round in November 2013 which was led by Greylock Partners and Highland Capital Partners.
The idea for SmartThings was conceived by co-founder and CEO Alex Hawkinson in the winter of 2011 when his family's mountain house in Colorado was extensively damaged after a power outage caused the house's pipes to freeze and burst. When power was restored, water flowed through the unoccupied house causing approximately $80,000 in damages. Hawkinson noted that he could have prevented the damages if he had known what was happening inside the house. After failing to find a suitable solution to the problem, Hawkinson and co-founders began to build a SmartThings working prototype.
In September 2012 SmartThings secured $1.2 million through a Kickstarter campaign. The company won the Spark of Genius startup competition at the Dublin Web Summit with a prize of €100,000 in October 2012. It then raised a $3 million seed funding round in December 2012.
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