$30Μ Series B funding for Canary
A 30 million dollars Series B funding was recently closed by Canary, a smart home monitoring system.
The funding process was led by Walden Riverwood Ventures and the participation of Cota Capital, Khosla ventures, Flextronics, Two Sigma Ventures and WTI. Canary is a small device, packed with sensors and cameras, that sits in the home and monitors everything from temperature to air quality to home security. Users are notified via a smartphone app each time the Canary detects something off in the home, and users can view recorded clips of the disturbance from anywhere in the world. It must be noted that the company raised $10 million in Series A funding.