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.

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