Walmart and Cox Communication invested in the smart home technology developer’s series C round, increasing its total funding to $171m.
US-based smart home technology provider Level Home has received over $100m in a series C round featuring mass media company Cox Communications and big-box retailer Walmart.
Founded in 2016, the company develops intelligent home devices such as smart locks and bolts. Proceeds from the round will be put towards further developing its technology platform and product offering.
In addition to the funding, Level announced it has acquired Dwelo, a creator of smart device management software, and plans to integrate the…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
