The home automation and monitoring technology provider has secured $9.4m in funding from Haier, SAIF and Foxconn to support global expansion.
China-based smart home platform developer LifeSmart has closed a RMB 60m ($9.4m) series A round featuring electronics contract manufacturer Foxconn, Technode has reported.
Haier SAIF, an investment joint venture formed by consumer electronics company Haier and private equity firm SAIF Partners, also took part in the round.
LifeSmart is working on internet of things products that automate and monitor the home, keeping the owner updated through a smartphone app. The product offering includes a motion sensor, a camera, a humidity…
