SimpliSafe Raises Over USD200M in Funding
- SimplySafe, a Boston, MA-based provider of home security solutions, raised over USD200M in funding
- This funding was provided by the affiliates of Capital One, N.A., HPS Investment Partners, Owl Rock [a division of Blue Owl] and Eastern Bank
- The company provides home security solutions, which now protect millions of people
- The company recently innovated its product suite, launching a Wireless Outdoor Camera, and created an owned-and-operated professional monitoring center in Richmond, VA
- Last year, Simpli Safe surpassed its projection of $400 million in annualized recurring revenue (ARR)
