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Thursday, July 24, 2014

Home automation attracts $468M in venture capital

Start-ups creating technology for home automation — allowing users to control appliances, energy, security and other functions — attracted $468 million in venture capital since 2012, according to a new report.

Investors made 56 deals backing home automation technology last year, said a report from CB Insights, a New York-based venture capital research firm.

Full Story: http://www.washingtonpost.com/business/on-it/home-automation-attracts-468m-in-venture-capital/2013/12/13/f86b267a-6100-11e3-94ad-004fefa61ee6_story.html

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