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Ecobee

Amazon Invests in Another Smart Home Startup

March 7, 2018 by Ted Leave a Comment

Popular Executive Leaves the Company

Photo of the Ecobee4Just one week after Amazon made a widely reported purchase of video doorbell maker Ring (for a reported eye-popping $1 billion), we learn that it has made another investment into the smart home space, taking a share of smart thermostat maker Ecobee. Although this was an investment made through their Amazon Alexa Fund and not an outright acquisition, it seems pretty clear that Amazon is getting very serious about the smart home business.

See more on this unexpected development from Amazon… [Read more…] about Amazon Invests in Another Smart Home Startup

Filed Under: Brands, Financial, News, Retailers, Tech Trends Tagged With: Amazon, Amazon Alexa Fund, Ecobee, Ecobee 4

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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