Creators Of Beats And Guitar Hero Launch Smart Home Startup Leeo

Another day, another smart home company is coming alive. But this latest one, Leeo, has some pretty big names behind it–including the main people responsible for creating products like Beats headphones and the video game Guitar Hero as well as executives from CIA-backed big data company Palantir and robotics company RoboteX.
 
And after a year and a half in stealth mode, Palo Alto-based Leeo has already amassed a team of 60 employees and $37 million in venture capital from Formation 8, Visionnaire Ventures and German utility giant E.ON .
 
What exactly does this smart home startup do that’s getting so much money and talent? Well, Leeo isn’t ready to talk about specific products it’s coming out with yet, but the company’s explanation of how it’s approaching the industry is a bit different than other smart home companies. From the very beginning, Leeo is focusing on working with hulking incumbents like telecommunication companies and utilities to help roll out services onto the company’s smart home product line. That will make Leeo a bit of a mix between an enterprise and consumer product company.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Aperion Audio - Award Winning Home Audio for less

Aperion Audio - Award Winning Home Audio for less

Aperion is a group of dedicated audio enthusiasts committed to helping you create the sound experience of your life, at a price that won't break the bank. We make award-winning speakers that look as good as they sound and sell them online so you get unbeatable quality for the price. You always get a 60-day in-home audition with FREE SHIPPING. If you don't like your speakers for any reason, send them back and we'll pay the shipping. Really. You get unlimited free support for your entire system and we back up our products with generous 5-and-10-year warranties. Since we've been around for over fifteen years, you're covered.