Verizon invests in home automation company 4Home

While it may be years before we see a truly automated home where all appliances are controlled remotely, Verizon is looking ahead to this future and has invested an undisclosed amount in connected home services provider 4Home.

Verizon Investments, part of the Verizon Venture Group, participated in 4Home's Series-B round of financing in the first quarter of 2010, according to a company release.

"Verizon has been among the more aggressive telcos in pursuit of home monitoring and management capabilities as various solutions based on wireless technologies like Z-Wave and ZigBee have come to light," writes Dan O'Shea at Connected Planet.

4Home's ControlPoint software is a key part of its home networking services which can potentially enable a customer to monitor and manage energy consumption, home security, media and home health.

Overall, 4Home raised a total of $6.8 million in Series-B financing in which Verizon Investments played a part.

For more:
- see the release here
- Connected Planet also has this article

Related articles:
Verizon's Q2 wireline losses offset by broadband, business service gains
MoCA, HomePlug Alliance to compare notes
MoCA, DirecTV brewing up more trouble for cable
MoCA wants to tap into Europe's home network market
IEEE sets foundation for global powerline network standard
Untangling the home network wiring debate

Suggested Articles

Vodafone Business announced this week that it has launched a new resource hub to help businesses bounce back from the impact of the COVID-19 pandemic.

CenturyLink's Shaun Andrews has a contrarian view in regards to how much the pandemic fueled digital transformations.

Data center provider Stream Data Centers is leaning on Cox Business' fiber network for its new data center campus in Goodyear, Arizona.