ecobee Announces $35 Million C Round


Aug 19 2016

ecobee thetop selling smart thermostat seller on Amazon announced a $35 million Series C round. Funding was raised from Amazon's Alexa Fund, Thomvest and Relay Ventures.

“This funding round marks our largest single Alexa Fund investment to date and builds on our existing relationship with ecobee, who was instrumental in helping us build the Alexa Smart Home Skill API,” said Steve Rabuchin, Vice President of Amazon Alexa.



More Details

Highlights

+ Funding from Amazon Alexa Fund, Thomvest and Relay Ventures

+ Brings the total funding to $51.15M in 4 Rounds for the Toronto based company

+ Latest product is $245 on Amazon with 4.5/5 rating and 1700 reviews: https://www.amazon.com/dp/B00ZIRV39M/

Additional Coverage

- http://venturebeat.com/2016/08/18/amazons-alexa-fund-makes-investment-in-smart-thermostat-company-ecobee/

- http://www.forbes.com/forbes/welcome/?toURL=http://www.forbes.com/sites/aarontilley/2016/08/18/amazons-alexa-fund-makes-its-biggest-investment-yet-in-35-million-round-into-nest-competitor-ecobee/&refURL=https://www.google.com/&referrer=https://www.google.com/

- http://www.geekwire.com/2016/amazons-alexa-fund-awards-biggest-investment-yet-joining-35m-round-smart-thermostat-maker-ecobee/





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