SmartThings raises $3 million to Net-enable your house

Jeff Hagins, SmartThings founder and CTO
(Credit: Stephen Shankland/CNET)
PARIS — SmartThings, a startup that wants to bring remote control to everything from lights to liquor cabinets via the Internet, announced it’s raised $3 million in first-round funding.
At the LeWeb conference here, SmartThings founder and Chief Technology Officer Jeff Hagins said investors included First Round Capital, which led the round, along with SVangel, Lerer Ventures, A-Grade Investments, CrunchFund, Start Fund, Max Levchin, David Tisch, and LeWeb founder Loic Le Meur. The company already raised pledges of…

Read the original post: SmartThings raises $3 million to Net-enable your house


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