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Vivint unveils smart home assistant at CES

Company also announces a Flex Pay option, partnerships with Airbnb, Vivint Solar
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01/11/2017

PROVO, Utah—Vivint Smart Home, a smart home services provider based here, made several big announcements at CES 2017 last week, most notably Vivint Sky, the company’s new smart home assistant that uses artificial intelligence, or AI, to manage all of the devices in a connected home.

Vortex secures $3m in funding

Company reaches $100k in RMR, looks to sustain strong growth
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12/21/2016

JUPITER, Fla.—Vortex Security, a home and business security and automation company based here, recently secured $3 million in credit from Cassell Global Investments, funding that will help the company sustain its strong growth organically as well as possibly expand through acquisition.

CONNECT Panel: Company branding in the digital age

Tammy Beil presents on considerable factors in marketing a company
 - 
12/07/2016

HOLLYWOOD, Fla.—Tammy Beil, chief growth officer for marketing firm TABeil, kicked off her Honeywell CONNECT session by listing some of the most globally recognized brands, including Google, Coca-Cola, Mercedes-Benz and Nike.

Vector receives $300 million in credit

Company to repay existing credit and finance acquisitions
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12/07/2016

PITTSBURGH—Vector Security, a large residential and commercial security provider based here, recently entered into an agreement for a $300 million revolving credit facility.

Women in Security: Custom Alarm looks at connected home tech

Company CEO discusses key technologies, educating staff
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11/29/2016

ROCHESTER, Minn.—Custom Alarm’s CEO Melissa Brinkman talked with Security Systems News about the company’s increased approach to smart home technologies.

SAFE Security secures new sub-debt facility

President and CEO says company seeing ‘significant growth’ this year
 - 
11/09/2016

SAN RAMON, Calif.— SAFE Security announced on Oct. 25 that it has secured a subordinated debt facility with lead agent Ironwood Capital and co-investor OFS Capital Corporation, an investment that SAFE president and CEO Paul Sargenti said will allow the company to continue its strong growth for the year.

ADS acquires Branham Security

Company continues to grow in Carolinas market
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11/01/2016

NASHVILLE, Tenn.—Continuing a record-setting year for acquisitions, ADS Security recently acquired 1,100 accounts from Branham Security, based in Elgin, S.C., about 20 miles outside of Columbia.

My Alarm Center secures $10m in additional funding

Company makes multiple acquisitions, complementing its strong organic growth
 - 
10/26/2016

NEWTOWN SQUARE, Pa.—My Alarm Center, a residential security and home automation provider, recently secured $10 million in additional funding, giving the company increased capabilities on the acquisition front and in its growth organically.

Select Security acquires three companies

Expansion includes new hires to help support growth
 - 
10/19/2016

LANCASTER, Pa.—Select Security, a super regional security company based here, recently completed the purchase of Owensboro, Ky.-based Level 5 Systems, Myrtle Beach, S.C.-based Sea Dog Security, and Charlotte, N.C.-based Guardian Systems, adding three new branch offices, and expanding into the North and South Carolina markets. The three deals add approximately 2,000 new accounts for Select Security.

DEFENDERS hits 1.5 million customer mark

Jim Boyce credits the company’s culture
 - 
10/19/2016

INDIANAPOLIS—DEFENDERS, the largest ADT dealer, announced in early October that it has now protected more than 1.5 million customers.

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Poll

SSN News Poll May 2017

Big data, utilizing the abundance of data gathered by various devices, was a consistent theme at TechSec 2017. An entire session tackled the topic, which you can read more about here. Panelists in TechSec’s "Monitoring the next tech" talked about the value of data in the wholesale monitoring world. Where do you see the benefit of data analytics?