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Guardian Alarm installs, monitors, and services home and business security systems. The company offers various security systems such as burglar alarm systems, 24/7 security monitoring, indoor and outdoor cameras, video surveillance, smart automation, access control systems, and fire, water, and carbon monoxide detection.
In August 2021, SimpliSafe added a third camera to its suite of products, the Wireless Outdoor Security Camera, expanding the company's protective services outside of the home. [24] In May 2022, SimpliSafe raised in excess of $200 million of incremental funding to support growth, while also refinancing its existing facilities.
[4] [5] At the time, the company sold and installed security systems. [4] APX Alarm Security Solutions rebranded as Vivint in February 2011. [4] [6] Vivint was acquired by The Blackstone Group in November 2012. [7] The company launched Vivint Solar, a solar energy company, in 2011. [8] Vivint Solar went public in October 2014 and was later ...
In July 2014, the company had a Kickstarter campaign for their indoor security camera, which raised over US$1 million. [2] Subsequently, Blink later announced an outdoor security camera, [3] home security system, [4] and video doorbell. [5] Amazon announced in December 2017 that they had acquired the company. [6]
The company went public again in January 2018 and again on the New York Stock Exchange under the ticker symbol ADT. [7] As of 2023, Apollo still retains a majority share in ADT. [4] In April 2018, ADT acquired Aronson Security Group Inc. and Acme Security Systems as part of its commercial expansion plans. [21]
Some forecasts project the home security market as a whole will be worth $47 billion by 2020, [12] with the DIY home security market worth $1.5 billion. [13] While the market for home security is expanding, especially with cable TV and Internet service providers introducing their own security and home automation products, it is a fragmented ...
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