Vivint acquires Space Monkey, ‘next generation cloud’ startup
Vivint has acquired a Utah-based startup, Space Monkey, to enhance Vivint’s new Vivint Sky smart home platform, according to a news release issued today.
What is Space Monkey? Founded in 2011, the company calls itself a "next generation cloud" provider that offers “both a local storage and remote network backup for higher levels of data security and redundancy,” according to the news release.
And Space Monkey bills itself as a cheaper, faster alternative to a data center, according to information the company provided during its Kickstarter campaign last year, when it successfully raised nearly $350,000.
The campaign information decries data centers as too costly and cumbersome: “These are high-cost buildings tightly packed with expensive computer equipment. They need costly fire suppression systems, diesel backup generators, expansive power distribution systems, premium network equipment, biometric access controls, security patrols, and consume vast amounts of electricity and air-conditioning. They require 24/7 staffing and Network Operations Centers. The ongoing daily costs of keeping data centers running is exorbitant compared to the actual cost of the hard drives that store your data in the cloud.”
Instead, according to the Space Monkey’s campaign information, “It’s time to change how the world stores data, forever. What if we took the cloud out of the data center and put it a little box that you plug in at your house? What if we put software on it that allows it to cooperate with millions of other devices plugged in all over the globe to create a storage network that not only is orders of magnitude cheaper than data centers, but is also more reliable, faster, and better for the environment? Space Monkey is the answer.”
It continues: “Space Monkey is the next generation cloud. ... You get a full terabyte (1000 gigabytes) of storage you can use anywhere, any time. Space Monkey does the work behind the scenes to make your data safe and secure, using the entire network of Space Monkey devices around the world to store encrypted pieces of data in a way that makes data loss a thing of the past.”
The small device, complete with a little logo of a monkey in a space suit, costs $199, the Space Monkey website says. The first year's subscription cost is free and then is $49 annually, the site says.
It also said that “Space Monkey is up to 60x faster than any other cloud service you've used (or heard of).” However, on Space Monkey’s website it has downgraded that claim to “up to 30x faster.”
Still, that’s very fast. And Provo, Utah-based home automation/home security provider Vivint says the acquisition supports the growth and development of the Vivint Sky smart home platform that Vivint introduced this summer. The solution includes the Vivint SkyControl panel featuring proprietary cloud technology that learns from homeowners’ behaviors and makes intelligent suggestions to help them control their homes better and more conveniently.
“It’s a natural fit for us to be a part of Vivint’s technology for the smart home,” Clint Gordon-Carroll, who co-founded Space Monkey with partner Alen Peacock, said in a prepared statement. “We look forward to working with Vivint as we continue to innovate and invest in the product.”
No information was provided about how much Vivint paid for Space Monkey. SSN continues to report on this story.