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.
- see the release here
- Connected Planet also has this article
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