Tag: Vivint Solar
Trident IoT completes $10M fundraising, welcomes Pedersen to board
April 19, 2024SSN Staff
CARLSBAD, Calif. – Trident IoT, a silicon provider and radio frequency (RF) technology company, announced the completion of a $10 million fundraising round.
Trident IoT said that it offers Z-Wave silicon solutions and product design and development consulting services for any RF technology, and that this latest fundraising round will allow the company to expand silicon/hardware solutions development, engineering support, and certification preparation services across the gamut of IoT and...
Vivint partners with Freedom Forever to offer more energy saving options
July 26, 2021SSN Staff
PROVO, Utah—Vivint Smart Home announced that it has entered into a strategic partnership with Freedom Forever, one of the largest national residential solar system installers. Vivint said the relationship between the two companies will help homeowners get a step closer to living in a smart home that generates as much energy as it uses.
“Joining forces with Freedom Forever broadens our offering and provides value to customers who are worried about the environment and skyrocketing energy...
Vivint unveils smart home assistant at CES
January 11, 2017Paul Ragusa
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.
Vivint CMO Jeff Lyman told Security Systems News that at CES this year the company built a narrative around AI. “We launched our AI layer, which we call Sky, and its purpose is to enable the consumer...
This Blog's on Fire (And Other Stuff)
Vivint Solar seeks to raise $200m through IPO
September 3, 2014Tess Nacelewicz
The fact that Vivint Solar officially filed with U.S. regulators last week for an initial public offering of common stock is an indication that solar continues to be a hot option for security companies.
Vivint Solar's parent company is Provo, Utah-based home automation/home security company Vivint, which was bought by The Blackstone Group in 2012 for more than $2 billion.
Now, Reuters reported Aug. 26, Vivint Solar has filed for an IPO and set its fundraising target at about $200 million....
Vivint Solar is Massachusetts' top residential solar provider
June 5, 2014SSN Staff
MARLBOROUGH, Mass.—Following the recent opening of a new facility here, Vivint Solar now has four locations in Massachusetts, according to the Worcester Telegram & Gazette.
In 2013, Vivint Solar was the state's top residential solar provider, with more than four megawatts worth of solar systems installed, the paper reported May 19. Vivint Solar, an affiliate of Provo, Utah-based home automation/home security company Vivint, sells solar panels to homeowners for affordable electricity generation,...
Vivint Solar names new strategy, innovations officer; expands Maryland presence
April 17, 2014SSN Staff
PROVO, Utah—Vivint Solar, an affiliate of home automation/home security provider Vivint, announced April 16 that Dwain Kinghorn has been named chief strategy and innovations officer and will align the company product portfolio with new business development channels.A longtime network security engineering executive, Kinghorn joined Vivint Solar, which bills itself as the nation's second largest solar provider, from SageCreek Partners, where he counseled technology clients. Kinghorn started his...
Vivint Solar buys company that monitors installed systems' performance
January 27, 2014SSN Staff
PROVO, Utah—Vivint Solar, an affiliate of home automation/home security provider Vivint, has purchased Solmetric, a company that makes tools to assess sites and performance, the company announced Jan. 24.
Solmetric instruments and hardware assess potential sites and monitor the performance of installed systems. It is now a wholly-owned subsidiary of Vivint Solar, according to news stories.
“The Solmetric team has developed industry-dominant SunEye hardware and PV Designer software product...
This Blog's on Fire (And Other Stuff)
Vivint Solar sues COO who jumped ship for competitor
December 30, 2013Tess Nacelewicz
I wrote back in November about how Brendon Merkley, the COO of Vivint Solar, had left to work for SolarCity, Vivint Solar's larger competitor.
Now, Vivint Solar—an affiliate of home automation/home security provider Vivint—is suing Merkley for breach of contract.
In the lawsuit, filed Dec. 4 in U.S. District Court in Utah, Vivint Solar said it is bringing the case to prevent Merkley “from violating his contractual non-competition, non-disclosure, and customer/vendor non-solicitation...
This Blog's on Fire (And Other Stuff)
Another shake-up at the top for Vivint Solar?
November 13, 2013Tess Nacelewicz
[UPDATE ON NOV. 14: I heard back late yesterday from SolarCity, which confirmed that Vivint Solar COO Brendon Merkley has joined SolarCity. Molly Canales, a communications associate with that company, told me in an email, "Brendon has accepted an offer to join SolarCity and we're excited to welcome him aboard." So my report below is no longer speculative.]
Vivint Solar has been making headlines of late regarding the rapid success of the 2-year-old business and the new round of financing it just secured....
Energy market expert tapped as Vivint Solar's new EVP
October 28, 2013SSN Staff
PROVO, Utah—Thomas Plagemann has joined Vivint Solar as executive vice president and head of capital markets, the company recently announced. Vivint Solar is a division of home automation/home security provider Vivint. Plagemann formerly was managing director of Santander Global Banking & Markets.
With 20 years experience in energy and infrastructure financing and investments, Plagemann will develop Vivint Solar's tax equity and capital markets fundraising, leading financing beyond its current...