Nest, the maker of the Nest Thermostat and the Nest Protect smoke detector has raised another $150 million in financing, and according to a recent report, this puts the value of Nest at around $2 billion US dollars.
Nest was founded by former Apple executive, Tony Fadell, who was responsible for the iPod at Apple, and Matt Rogers, and the company launched their first product back in 2011.
According to Kara Swisher, the valuation of Nest could be even higher, as the company has raised more than $200 million, on a $3 billion valuation.
The company has seen success with its smart thermostat, and their latest product, the Nest Protect, which launched recently has also seen strong sales.
It will be interesting to see what plans Nest has for this year, and we are expecting to see some more smart home gadgets from Nest in 2014.
Source re/codeFiled Under: Technology News, Top News