Funding

Canary Raises $30M

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What does Canary do?

Canary, is a NYC based company which builds consumer products which organize, sense and curate meaningful info from the world. It blends deep learning technology with human centered design for solving problems which all people share.

The company’s first product is a complete home security system packed into one device- a modern approach to security which allows you to protect the people and place which you care most about. It is built to learn and adapt to your patterns over time. When Canary detects something out of the ordinary in your home or apartment, it sends intelligent notification with high definition video and audio directly to your smart phone. This helps you make smart decisions when something is wrong and feel connected when everything is right.

How much Canary was funded?

Canary raised $30M in Series B funding on June 1, 2015 from Cota Capital, Flextronics International, WTI, Two Sigma Ventures, Walden Riverwood Ventures and Khosla Ventures.

Previous funding

  • $10Min Series A funding on March 5, 2014 from Signatures Capital, Two Sigma Ventures, Bobby Yazdani and Khosla Ventures
  • $1.2Min Seed round on August 1, 2013 from AlphaPrime Ventures, Brooklyn Bridge Ventures and Two Sigma Ventures

What is next for Canary?                                                                     

Canary will use the latest funding to further their mission of empowering people everywhere to connect with and protect their families, homes and communities. It has introduced a totally new approach to home security and will use the investment for bringing Canary to homes and apartments everywhere, in the US and globally.

More about Canary

Canary was founded in 2012 by Jon Troutman, Chris Rill and Adam Sager. It has its headquarters in New York, NY. It is a smart home security system for everyone. It is a complete home security system which is packed into one device. It adapts to your home and sends intelligent notification with high definition video directly to your smart phone.

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