by Stacey Higginbotham for Fortune: Early adopters, venture capitalists and entrepreneurs have bought into the idea of a smart home, but mainstream consumers haven’t.
Leeo, a company that makes a connected nightlight that doubles as a smoke detector for the mobile era and has raised $37 million in funding, laid off about 30% of its staff Wednesday. Earlier this month, we reported that product manufacturing shop Quirky was unwilling to support its home hub software company Wink and it has put it up for sale, according to sources. Meanwhile, a home automation management device built by startup Ninja Blocks failed to raise funding and shut down.
Smart home startups like Goji and Plum are so late to market with their products that supporters who gave them money through their crowd-funding campaigns have given up on them. Goji’s smart lock was supposed to ship 18 months ago. Now the company is only shipping a small number of locks and plans to fulfill all other orders by August. Plum, a connected Wi-Fi light switch maker founded by the former head of CEDIA, the trade association for professional home automation installers, announced its product in early 2013 and plans to ship later this year. They were supposed to be ready in August 2013.
With $454 million invested in connected home companies last year, there is plenty of money riding on the smart home. According to CB Insights data, smart home startups took in a little over $1 billion in funding between 2012 and 2014. Cont'd...
Today, the team behind such technologies and products as the iPhone, Apple Watch, GoPro and FitBit have announced the June Intelligent Oven — a powerful and easy-to-use computer-based countertop oven designed to bring the kitchen into the smart home era and make everyone a better cook.
June has raised $7 million in Series A funding led by Foundry Group, First Round Capital, Lerer Ventures, and Founders Fund Angel to accelerate product development, manufacturing, and recruiting.
- Ecobee’s $250 WiFi-connected thermostat.
- Elgato’s line of sensors that collect data on air quality, humidity, air pressure, temperature as well as energy and water consumption.
- iHOME’s smart plug that allows users to turn on and off appliances wirelessly.
- Lutron’s bridge device that connects the HomeKit standard with its connected lighting system.
- Insteon’s bridge device that connects its massive catalogue of existing home automation devices with HomeKit.
Joseph Palenchar for TWICE: Comcast is opening up its monitored-security/home-automation system to operate with devices from a wide variety of home-automation brands. The company’s Xfinity Home system has been available with a variety of unbranded devices such as smart plugs, smoke detectors, security cameras, light switches, door/window detectors, motion detectors and a water-leak detector, a spokesperson said. An Xfinity thermostat and a smart door lock from Kwikset have also been available.
Marvell Unveils Industry-Leading ZigBee Wireless Microcontroller SoC to Advance Smart Home and IoT Innovations
Marvell announced its next-generation industry-leading 88MZ300 802.15.4/ZigBee wireless microcontroller system-on-chip (SoC), the newest member of Marvell's wireless microcontroller family of Internet of Things solutions. The high-performance, low-power, cost-effective SoC offers superior radio frequency (RF) performance that more than doubles the transmission range and reduces power consumption by 50 percent over Marvell's previous generation 88MZ100 SoC, while maintaining the least amount of external components due to the high integration in silicon. Together with its support for open standards, including the upcoming ZigBee 3.0 and Thread protocols, the 88MZ300 SoC, along with a ZigBee to Wi-Fi bridge reference design and an ecosystem of hardware manufacturers and system integration partners, it enables original equipment manufacturers (OEMs) to rapidly bring new, innovative IoT applications to market. The 88MZ300 SoC is sampling now.
"Marvell continues to demonstrate innovation in home automation, connected lighting and IoT with its 88MZ300 ZigBee wireless microcontroller which leads 802.15.4 technology in both performance and cost," said Philip Poulidis, Vice President and General Manager, Mobile and Internet of Things Business Units at Marvell. "Along with Kinoma and Marvell's recently announced Smart Home Cloud Center™, the 88MZ300 delivers a total solution for home automation and IoT markets. We look forward to the range of exciting new product opportunities that will be possible with the deployment of the 88MZ300."
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