Ecovent Closes $6.9 Million in Funding to Bring Room-by-Room Temperature Control and Comfort to Homeowners

Ecovent, the maker of the only intelligent home zoning system that delivers complete room-by-room climate control, today announced that it has closed a $6.9 million Series A funding round led by Emerson Climate Technologies, a business segment of Emerson (NYSE:EMR). The round includes participation from Tamarisc and Blue Fog Capital. 
Ecovent started the year being named Automation Product of the Year at CES 2015, and has struck a chord with consumers, bringing in more than $1 million in pre-orders. Ecovent is transforming the home by giving consumers control over their comfort in every room. Ecovent's advanced system of wireless vents and sensors intelligently diagnose the factors impacting room temperature and automatically adjust airflow into each room to achieve the perfectly desired temperature. With Ecovent, homeowners have the ability to control the temperature of each room individually through an app, saving energy and money by heating and cooling only the rooms that need conditioning instead of the entire home. 
"Today's cars allow passengers and drivers to set individual temperatures, yet most homes have only one adjustable zone, and it's time to change that," said Dipul Patel, CEO and co-founder of Ecovent. "We developed the Ecovent system to give people room-by-room temperature control in any home - automatically. It's incredibly exciting to have the support of an industry titan like Emerson to help us bring Ecovent to a larger audience as we change the way homeowners experience comfort in their homes."   Full Press Release:
 

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

ELK Products -C1M1 Dual-Path Alarm Communicators with Remote Services

ELK Products -C1M1 Dual-Path Alarm Communicators with Remote Services

C1M1 offers a truly significant reduction in transmission time in comparison to other communicators that rely on dial capture or data bus decoding. This can result in quicker response time to emergency situations which could save lives and assets. By providing both IP and cellular pathways, C1M1 provides the reliability installers are looking for in an alarm communicator. C1M1 eliminates port forwarding and extra fees for remote access. Installers can remotely upload/download programming changes to M1 controls over IP or cellular using ElkRP2. Consumers can control the M1 remotely via the free ElkLink mobile app and web portal, as well as eKeypad and M1 Touch Pro apps. Other IP-based software and interface partners can connect to the M1 control over the local network through C1M1. C1M1 also provides email/text notifications for arm, disarm, and alarm events. ELK-C1M14GSM supports GSM (AT&T/T-Mobile) networks and ELK-C1M1CDMA supports CDMA (Verizon) networks.