Latch's deal for Jamie Siminoff’s startup is a $20M acqui-hire: This week, Latch acquired Honest Day's Work, a stealthy startup founded by Jamie Siminoff. Siminoff, who founded Ring and then sold it to Amazon in 2018, will become the CEO of Latch … [Read more...]
Podcast: Why we think Wemo is a no-go for us
We start this week's show with a conversation about Latch, the company that is acquiring Jamie Siminoff's stealth startup. Siminoff, who also founded Ring, left Amazon (which had acquired Ring in 2018) this week ahead of the planned deal. He will … [Read more...]
The Latch deal for Jamie Siminoff’s startup is basically a $20M acqui-hire
The recently announced deal by publicly traded Latch to acquire Jamie Siminoff's startup Honest Day's Work essentially gives Latch investors a well-regarded executive to manage the flagging public company, and Siminoff a public company to run where … [Read more...]
Level raises $100M and acquires a smart apartment company
Level Home, the maker of a slick smart lock, has raised an additional $100 million in a Series C round of funding, as well as completing an all-stock deal to buy multi-family residential software company Dwelo. The two moves are part of a master plan … [Read more...]
IoT news of the week for Jan. 29, 2021
Flowserve launches its own predictive maintenance offering: This week, Flowserve, a creator of pumps and motors for the industrial world, launched a homegrown predictive maintenance service called RedRaven that uses custom vibration sensors that … [Read more...]