News: Portfolio 2007

June 26, 2007: InGrid, Inc. Announces $13.5 Million Series C Financing

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Scott Bruce, Managing Director of Associated Partners, added, "Home security has been a slow growth industry limited by old technology. The company's products and services are well-positioned to meet surging demand from broadband service providers eager to roll-out new services to subscribers. Our investment was driven by their ground-breaking approach to the market, technology and consumer needs."

 

As the only home protection solution delivering the full benefits of broadband integration, InGrid offers consumers a complete suite of services designed to enhance customer control. InGrid expands the current market by delivering an easy-to-install, superior solution that enables broadband service providers and other partners to add to their bundled offers at lower subscriber acquisition cost.

About InGrid

InGrid was founded in 2004 to provide a new class of broadband-integrated Digital Home Protection services for the residential and small business security market, principally through major broadband providers. InGrid's next generation systems and services provide better protection than most dealer-installed systems, are almost impossible to defeat, and can be easily and conveniently managed from a cordless telephone, cell phone, or web browser. Headquartered in Berwyn, PA, the company has raised over $30 million and received 15 U.S. patents. For more information, visit the company's website at www.InGridhome.com

 

 

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