Smart home technology developer Leeo has revealed $37m in funding since being founded last year, from backers including E.ON and Formation 8.
US-based smart home company Leeo emerged from stealth on Wednesday, revealing at the same time that it has raised $37m in funding from investors including energy company E.ON.
Founded in 2013, Leeo’s other investors include venture capital firm Formation 8, which is backed by several Asian corporates, investment firm Visionnaire Ventures and private investors Max Levchin, the chairman of Yelp, and PayPal co-founder Scott Banister.
Leeo states its aim is to create and enable smart home products and services that…
