Monday 15 March 2021

Smart home startup Deako raises $12.5M, says its light switches are becoming ‘industry standard’

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Deako’s “plug and play” light switches allow homebuilders and homeowners to easily swap in high-tech, remotely controlled lighting. (Deako Photo)

New funding: Seattle startup Deako Lighting raised $12.5 million as part of a Series B round to fuel growth of the company’s smart light switch technology.

The business: Deako’s “plug and play” light switches allow homebuilders and homeowners to easily swap in high-tech, remotely controlled lighting. Its technology works off a home’s existing wiring and lets homebuilders market their projects as smart homes, without a lot of upfront cost. “Our core value proposition is we make it super simple for

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By: contactedorg
Title: Smart home startup Deako raises $12.5M, says its light switches are becoming ‘industry standard’
Sourced From: contacted.org/smart-home-startup-deako-raises-12-5m-says-its-light-switches-are-becoming-industry-standard/
Published Date: Tue, 16 Mar 2021 04:00:01 +0000


source https://contacted.org/smart-home-startup-deako-raises-12-5m-says-its-light-switches-are-becoming-industry-standard/

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