Tag: alarm.com
Alarm.com CEO lauds commercial growth initiatives, higher residential revenue retention
May 12, 2025Cory Harris, Editor
TYSONS, Va.—Alarm.com CEO Steve Trundle told investors on a recent conference call that two key factors contributed to increased Q1 2025 revenue numbers that “exceeded our expectations.”
“Our stronger than expected SaaS results were driven by contributions from our growth initiatives in the commercial and energy markets and higher revenue retention on the residential side of the business,” he said.
Software as a service (SaaS) and license revenue...
Longtime Alarm.com CFO to retire
February 26, 2025Ken Showers, Managing Editor
TYSONS, Va. — Alarm.com announced during its fourth quarter and year-end webcast that CFO Steve Valenzuela would be retiring, effective June 2, 2025, in what was described as an amicable departure.
The longtime CFO garnered praise from CEO Steve Trundle, who he credited for raising more than $1 billion in cash during his tenure at the company.
“We are very thankful for all of Steve's contributions over the years, which I would like to recognize,” he said. “Steve...
Alarm.com sells ‘advantage’ in tough residential market
February 26, 2025Ken Showers, Managing Editor
TYSONS, Va. — CEO Steve Trundle attributes Alarm.com’s ability to buck trends in residential security to product innovation, including AI-based video analytics capabilities; expanded opportunities in the remote video monitoring (RVM) market; and various growth initiatives.
“In 2024, our North American residential business continued to be the largest component of our diversified business,” Trundle told investors during a recent conference call to discuss the company’s...
Alarm.com acquires CHeKT, a provider of proactive video monitoring solutions
February 11, 2025SSN Staff
TYSONS, Va.—Alarm.com, a platform for the intelligently connected property, has announced a majority-stake acquisition of CHeKT, a cloud platform for remote video monitoring (RVM) services.
Financial terms were not disclosed.
CHeKT’s enterprise-ready platform includes subscription-based RVM services that enable central stations and service providers to deliver high-value, proactive, crime-stopping solutions to commercial and residential subscribers.
CHeKT has cultivated a robust...
DMP appoints Erin Barsanti as national account director
January 27, 2025SSN Staff
SPRINGFIELD, Mo.—DMP (Digital Monitoring Products) has announced the appointment of Erin Barsanti as a national account director.
Through her years of experience managing key accounts, she has received recognition for consistent exceptional results. Having been in the security industry since 2011, Barsanti has extensive experience with major companies like Brivo and Alarm.com. Her expertise includes managing sales cycles, expanding reseller networks and driving significant growth.
“I...
ESX announces 2024 Innovation Award winners
June 7, 2024SSN Staff
LOUISVILLE, Ky.—The Electronic Security Expo (ESX) has revealed the winners of the 2024 Innovation Awards, recognizing excellence and innovation within the electronic security and life safety industry.
These prestigious awards highlight next-generation products and services that present significant growth opportunities for integrator companies.
An independent panel of judges selected the winners based on a comprehensive set of criteria, including ingenuity, applicability, response...
Alarm.com touts cross-selling, data mining
May 10, 2024Ken Showers, Managing Editor
TYSONS, Va. — Alarm.com CEO Steve Trundle, in a recent conference call, highlighted the company’s Connected Fleet offering, which it began offering to partners in April and which he says sets the stage for cross-selling opportunities.
The company talked up the offering – a cloud-based vehicle management solution – with partners at ISC West 2024.
“Many of our partners indicated that connected fleets product integration, along with their existing trusted...
Shooter Detection Systems joins Partner Alliance for Safe Schools
April 5, 2024SSN Staff
ROWLEY, Mass. – Shooter Detection Systems (SDS), an Alarm.com company and gunshot detection solution provider, has joined forces with the Partner Alliance for Safe Schools (PASS) to support their mission and advocate for critical school safety efforts.
As part of its commitment to PASS, Shooter Detection Systems is promoting the PASS guidelines for layered school safety and security among school administrators and public safety professionals. PASS guidelines provide school districts...
Shooter Detection Systems showcasing developments at ISC West 2024
March 29, 2024SSN Staff
ROWLEY, Mass. – Shooter Detection Systems (SDS), an Alarm.com company and provider of gunshot detection solutions, will be displaying the latest developments in its “Active Shooter Intelligence” at ISC West in Las Vegas, April 10-12, 2024.
Attendees visiting SDS booth #23045 can learn more about new developments in gunshot detection, including, they said, an introduction to the market’s only platform offering video, access control, shot detection, and remote monitoring...
Rich Onofrio of SDS: ‘We are poised for a very exciting 2024'
January 15, 2024Ken Showers, Managing Editor
YARMOUTH, Maine – Shooter Detection Systems (SDS) is making a strong start in 2024 with its #TakeAction initiative, and it wants everyone to get onboard.
The initiative has been designed to provide participants with the resources to personally lobby their place of business or child’s school to deploy gunshot detection technology to create a safer environment that can alert law enforcement in the event of an active shooter incident. Security Systems News (SSN) interviewed Rich...