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4Home Announces Series B Investments
Sunnyvale, CA -- 4Home, Inc. announced the completion of a new Series B Preferred Stock financing on September 30, 2008, with Strategic Value II, L.P. joining Pond Ventures as venture capital investors in the company. "4Home is delighted to have the international business contacts and Silicon Valley experience that Strategic Value II and Pond Ventures bring to the company," said CEO Leon Hounshell, "and we look forward to working closely with both of them."
4Home is a leading developer of software platforms for networking home control services. Home networking services consist of home monitoring, media & entertainment management, home health, and energy management. Home networking services can be offered on a monthly basis by major broadband service providers - together with voice, video, & data (aka, the "triple-play").
Beginning with home monitoring and media control, 4Home provides OEM networking hardware partners and broadband service providers a standards-based solution for monthly for-fee services for the digital home. 4Home's technology partners can enable their end-users to monitor and control devices and media in their homes, using a mobile phone, TV, computer, or a touch-panel-- at home or remotely-- in a unified user-interface.
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