Control4 plugs into the smart grid with new $17.3M
Tags: co:control4, co:icontrol, Feature, Space, spring-capital

Control4 , maker of a universal remote control capable of adjusting any home appliances or electronics — from the television to the thermostat — has brought in $17.3 million to get the ball rolling on several smart grid initiatives. These initiatives are far-flung, encompassing advanced metering, energy management displays showing consumers how much power they are using and how much it is costing, and a program aimed at teaching these consumers how to alter their behaviors and ultimately conserve more energy. Specifically, the new money will be used to expand the number of devices and appliances that can be integrated into Control4’s so-called “Home Area Network.” By offering in-home displays, the company will come in direct competition with the likes of Google PowerMeter, Microsoft Hohm and smaller players like EnergyHub and Onzo
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