Verizon LTE


Verizon enters the Connected home for LTE

Verizon Investments, part of the Verizon Venture Group at the U.S. telco giant, has invested in 4Home, a Sunnyvale, Calif.. company working on connected home and home control technologies.

!–end paragraph–!–begin paragraph–The amount of the investment was not disclosed, though the Verizon Ventures press kit says the unit provides funding from seed level up to $5 million. Verizon participated in 4Home’s Series B financing round, which closed back in the first quarter and raised a total of $6.8 million.

!–end paragraph–!–begin paragraph–Verizon and 4Home actually partnered on a technology demonstration at the Consumer Electronics Show in January. Verizon’s LTE Innovation Center worked with 4Home to demonstrate 4G applications that could allow homeowners to access an Internet interface to 4Home’s Fluid platform to help them manage their home energy usage.

!–end paragraph–!–begin paragraph–Verizon has been among the more aggressive telcos in pursuit of home monito..

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