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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.

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