Alarm.com, Vienna, Va., announced that Technology Crossover Ventures (TCV), a leading provider of capital to growth-stage technology companies, has made a $136 million investment in the company.
BV Investment Partners, a middle-market private equity firm investing in the information and business services and communications sectors, today announced the recapitalization of DTT, a provider of managed surveillance and business intelligence services to the restaurant and hospitality industries.
As with anything challenging, there are things to be gained. In security in 2012, it’s going to be addressing the ‘bright spots’ or opportunities that present themselves during this slow recovery.
Flat is a four-letter word when it comes to the economic performance of the security installation channel in 2011. Despite predictions last year for a meager, yet optimistic 1 percent uptick in 2011, expectations did not materialize and total industry revenue neither grew nor fell — keeping at $43.9 billion. Perhaps because of this, integrators and security dealers are now ultra cautious, offering flat projections for 2012.
Control4, a provider of affordable IP-based home control systems, announced that it signed a strategic agreement with Cisco. Cisco is leading an investment in Control4 (with other unannounced investors). What will the collaboration between the two companies include?