IoT company Smartfrog takes controlling interest in Canary
Things have been pretty quiet on the Canary front. In January at CES, the New York-based smart security startup released a stripped-down version of it its flagship camera. Beyond the odd software updates here and there, however, we haven’t heard much. This morning, however, the company announced some pretty big changes coming from the top, down.
Smartfrog, a European IoT company, has invested $25 million in the startup, bringing its total funding up to $66 million.With its investment, Smartfrog will also take a controlling interest.