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SmartThings

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was extensively damaged by water pipes that first froze and subsequently burst resulting in some $ 80,000 worth of damage. Hawkinson noted that he could have prevented the damages had he known what was happening inside the house. Through 2011 and 2012, Hawkinson and his SmartThings co-founders worked
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and sensors. In June 2020, SmartThings' engineering head Mark Benson announced that SmartThings would pivot away from manufacturing its own hardware and instead focus on software. The company hopes to enlist other companies to manufacture and distribute SmartThings hardware. In October 2020,
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announced that it had reached an agreement to acquire SmartThings. The financial terms of the deal were never publicly disclosed but were estimated as high as $ 200 million by some trade publications at the time.
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will take over its European hardware line. In December 2020, Aeotec revealed that it would also manage the SmartThings hardware portfolio throughout Australia, Canada, the United Kingdom, and the United States.
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campaign which the developers launched in September 2012 and that would go on to secure US$ 1.2 million in backing, making it the second largest, smart-home focussed crowdfunding project to date.
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Founded in 2012, it focuses on the development of eponymous automation software and an associated array of client applications and cloud platforms for smart homes and the consumer
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Raising $ 3 million in a December 2012 seed funding round, SmartThings would go on to commercially launch its products in August 2013 before raising a further 12.5 million in a
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SmartThings was conceived by co-founder and once-CEO Alex Hawkinson in the winter of 2011. Hawkinson tells that his family's unoccupied mountain house in
1114: 642: 470: 1566: 924: 1536: 1428: 1104: 1541: 407: 320: 1434: 999: 665: 840: 584: 558:"SmartThings Closes $ 3M Seed Round, Led By First Round Capital, Launches Competition To Grow Community Of Smart Object Developers" 977: 1556: 1059: 982: 972: 967: 692: 1034: 742: 181:. SmartThings cites its platform as having 62 million active users, a number it claims increased 70% through 2019 and 2020. 1486: 1089: 1109: 992: 380: 1084: 438: 282: 1526: 1472: 833: 791: 764: 1004: 724: 530: 1074: 1049: 1044: 1024: 1009: 957: 354: 1019: 1391: 904: 500: 1561: 167: 108: 1511: 1449: 1325: 1069: 612:"SmartThings, the "Internet of Things" Company That Connects the Gadgets in Your Home, Launches Its Own Store" 260:"Aeotec builds upon its industry leading portfolio of smart home products through agreement with SmartThings" 1439: 987: 697: 1444: 638: 198:
of their desired solution to such problems. That prototype would go on to form the basis of a successful
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Initially SmartThings produced a suite of custom hardware and software services, including
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As of February 2021, SmartThings develops software and cloud services.
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Australia, Canada, Europe, New Zealand, United Kingdom, United States
1320: 1310: 1223: 1137: 321:"Why Samsung's SmartThings arm is pivoting entirely into software" 1255: 1099: 829: 820: 792:"SmartThings will kill legacy features to make a smarter home" 146: 725:"Samsung snaps up SmartThings, embracing Internet of Things" 743:"SmartThings Acquired By Samsung For Around $ 200 Million" 408:"SmartThings founder sees a limitless Internet of Things" 381:"SmartThings will let you run your world by smartphone" 501:"Take A Tour Of THE Smartest Home In America (VIDEO)" 253: 251: 1420: 1374: 1243: 1146: 1125: 947: 877: 666:"Kickstarter Hit Lands $ 12.5M From Silicon Valley" 141: 129: 119: 103: 71: 53: 43: 33: 693:"Samsung reaches Deal to Buy Startup SmartThings" 494: 492: 439:"A digital maestro for every object in the home" 841: 765:"SmartThings and Aeotec – A Connected Family" 8: 1522:Companies based in Mountain View, California 19: 464: 462: 460: 1532:American subsidiaries of foreign companies 848: 834: 826: 340: 338: 170:. Since August 2014 it is a subsidiary of 25: 18: 314: 312: 310: 247: 1517:American companies established in 2012 925:Samsung Strategy and Innovation Center 531:"SmartThings: Make Your World Smarter" 1429:Apple Inc. v. Samsung Electronics Co. 790:Higginbotham, Stacey (25 June 2020). 295:from the original on 30 December 2014 7: 1482: 731:from the original on 16 August 2014. 406:Thibodeau, Patrick (26 March 2014). 1552:Android (operating system) software 771:. SmartThings, Inc. 16 October 2020 672:from the original on 21 August 2014 618:from the original on 21 August 2014 1435:Samsung Global Scholarship Program 556:Lomas, Natasha (4 December 2012). 499:Toscana, Samantha (30 June 2014). 387:from the original on 2 August 2014 14: 645:from the original on 14 July 2014 637:Lawler, Ryan (12 November 2013). 537:from the original on 14 July 2014 511:from the original on 10 July 2014 477:from the original on 19 July 2014 469:Lee, Adriana (17 February 2014). 1481: 1468: 1467: 938: 591:from the original on 7 July 2014 564:from the original on 6 July 2014 445:from the original on 31 May 2014 418:from the original on 7 July 2014 357:from the original on 9 July 2014 705:from the original on 2014-08-17 1: 1567:2014 mergers and acquisitions 345:Frizell, Sam (26 June 2014). 209:funding round in late 2013. 1537:Internet of things companies 745:. Techcrunch. 15 August 2014 1542:Kickstarter-funded products 230:SmartThings announced that 59:; 12 years ago 16:American technology company 1585: 905:Samsung Telecommunications 691:Don Clark (Aug 14, 2014). 1463: 936: 865: 168:Mountain View, California 166:company headquartered in 109:Mountain View, California 24: 1450:Samsung Galaxy (esports) 727:. CNET. 14 August 2014. 668:. Twin Cities Business. 1440:Suwon Samsung Bluewings 698:The Wall Street Journal 1557:Windows Phone software 1445:Seoul Samsung Thunders 954:Central South America 379:(15 September 2012). 221:Products and services 890:Harman International 1527:Samsung Electronics 858:Samsung Electronics 214:Samsung Electronics 172:Samsung Electronics 136:Samsung Electronics 21: 1455:Samsung and unions 1361:Samsung Experience 1060:SRA-Silicon Valley 323:. 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TechCrunch. 629: 614:. AllThingsD. 602: 587:. AllThingsD. 575: 560:. 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Index


Subsidiary
Home automation
Mountain View, California
Parent
Samsung Electronics
www.smartthings.com
home automation
Mountain View, California
Samsung Electronics
Internet of things
Colorado
prototype
Kickstarter
Series A
Samsung Electronics
smart home hubs
Aeotec


"Aeotec builds upon its industry leading portfolio of smart home products through agreement with SmartThings"
"Samsung Acquires SmartThings, A Fast-Growing Home Automation Startup"
Forbes
Archived



"Why Samsung's SmartThings arm is pivoting entirely into software"

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