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SmartThings Raised $1.2 Million on Kickstarter, 2 Years Later The Company is Acquired by Samsung for $200 Million

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Google has Nest, Apple has HomeKit and Samsung has…SmartThings.

SmartThings, a young company seeking capital and market approval just 2 years ago.  Crowdfunding out of Minneapolis, Minnesota, SmartThings raised an impressive $1.2 million on a $250,000 crowdfunding goal.  The campaign on Kickstarter raised $100,000 the very first day of crowdfunding.  The campaign closed with over 5600 backers supporting a project.

 

Samsung and SmartThings

Sources: techcrunch.com

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