Jump to content

Alarm.com

From Alfawiki


Template:Multiple issues

Alarm.com, Inc.
Company typePublic
Template:NASDAQ
S&P 600 component
Industry
Founded2000; 26 years ago (2000)
HeadquartersTysons, Virginia, U.S.
Key people
  • Steve Trundle (president and CEO)
  • Alison Slavin (VP of product management)
Websitealarm.com

Alarm.com, Inc. is a technology enterprise based in the United States specializing in cloud-enabled solutions for remote access, home automation, and alarm monitoring.

Its monitoring offerings are often provided through partnerships with third-party service providers such as ADT. The company's portfolio includes interactive security systems, video surveillance, energy management, and home automation features, all supported by an interconnected network of devices and hardware collaborators.

History

Established in 2000[1] as part of MicroStrategy's research and development division, Alarm.com launched its interactive security platform in 2002, enabling users to remotely monitor and arm security systems that were previously disarmed. Over time, the company expanded its platform to encompass smart home and commercial software integrating video surveillance, energy control, and various automation functionalities. In February 2009, the firm was acquired by the venture capital group ABS Capital Partners for $27.7 million.[2] Alarm.com went public in June 2015 following its initial public offering earlier that year.[3]

The company provides a cloud-based operating system designed for smart homes and businesses. This platform allows users to secure and oversee their properties through internet portals and mobile apps, as well as integrations with devices like Apple TV, Amazon FireTV, Google Home, and Amazon Alexa.[4] Beginning in early 2010, Alarm.com introduced energy management capabilities enabling customers to adjust heating and cooling remotely via mobile applications or its website.[5]

By 2014, Alarm.com had generated $167.3 million in revenue with a subscriber base exceeding 2.3 million users.[6][3] The company reported revenues of $291.1 million in 2018.[7]

The initial public offering priced at $14 per share was conducted in 2015.[3] Majority ownership remained with ABS Capital Partners and Technology Crossover Ventures, which had invested $136 million into the company.[3]

In 2016, Alarm.com's cloud-connected home platform integrated compatibility with Amazon's Echo voice-controlled speaker system as well as HomeKit-enabled Apple TV devices.[6]

In late 2020, Alarm.com expanded its portfolio by acquiring Shooter Detection Systems for an undisclosed amount.[8][9]

References

  1. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  2. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  3. ↑ 3.0 3.1 3.2 3.3 Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  4. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  5. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  6. ↑ 6.0 6.1 Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  7. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).Template:Fix/category[permanent dead link]
  8. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  9. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).(Subscription required.)

Template:US-manufacturing-company-stub Template:Tech-company-stub

Retrieved from "https://www.alfawiki.org/index.php?title=Alarm.com&oldid=30866"