Alarm.com
American security company
From Wikipedia, the free encyclopedia
Alarm.com, Inc. is an American technology company that provides cloud-based services for remote control, home automation, and alarm monitoring services. The company was founded in 2000 as a spinoff from MicroStrategy (now Strategy Inc.). The company is based in Tysons, Virginia.
History
Alarm.com was founded in 2000[1] as part of MicroStrategy's research and development unit and launched an interactive security program that enabled remote monitoring and arming for a disarmed security system in 2002. The company's platform was subsequently developed to include smart home and business software incorporating video monitoring, energy management and other home automation capabilities.[citation needed]
In February 2009, Alarm.com was acquired by venture capital firm ABS Capital Partners for $27.7 million.[2]
In early 2010, the company began offering energy management, allowing users to remotely control heating and cooling on their property using mobile apps or via the company's website.[3][citation needed]
In June 2015, Alarm.com issued an IPO at $14 a share.[4] ABS Capital Partners and Technology Crossover Ventures, which invested $136 million in the company, remained the majority shareholders.[4]
In 2016, Alarm.com integrated its cloud-based connected home platform with Amazon's Echo wireless speaker and voice-command devices, as well as the HomeKit-compatible Apple TV.[5]
In 2020, Alarm.com acquired Shooter Detection Systems for an undisclosed sum.[6]
In 2023, Alarm.com acquired EBS. Based in Poland, EBS' headquarters is in Warsaw.[7]
In 2024, Alarm.com reported revenues of $167.3 million and a user base of more than 2.3 million subscribers.[5][4]
Services
Alarm.com offers a cloud-based platform for smart home and business operating systems. The platform enables subscribers to secure and monitor their properties via web-based and mobile applications, as well as through integrations with Apple TV, Amazon FireTV, Google Home and Amazon Alexa.[8] Monitoring services may involve contracts through third-party contractors such as ADT. Services include interactive security, video monitoring, energy management and home automation, and are enabled through various hardware and device partnerships.[citation needed]
