Connected objects: Alarm .com wants to go public, valuation above $ 1.5 billion

by bold-lichterman

The company had already raised 136 million dollars in 2012.

Marketing a home security and surveillance system controlled from a smartphone, the American company Alam.com could soon go public. The main shareholder, ABS Capital, would have entered into discussions with several banks with a view to preparing such an operation according to the Financial Times.

Citing sources familiar with the matter, the daily specifies that the company would be valued between 1.5 and 2 billion dollars. Last January, Google bought Nest, which is developing a connected thermostat, for $ 3.2 billion [lire notre article : Google rachète Nest Labs pour 3,2 milliards de dollars et s’invite dans la maison, ndlr], sparking a boil in the sector.

Based in the United States, in Virginia, Alarm.com had already raised 136 million dollars in 2012 from Technology Crossover Ventures for a minority stake.