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IoT company Smartfrog takes controlling interest in Canary
2018-10-16T01:16:31Z - Brian Heater / TechCrunch
In January at CES, the New York-based smart security startup released a stripped-down version of it its flagship camera. Smartfrog, a European IoT company, has invested $25 million in the startup, bringing its total funding up to $66 million. Former Canary CEO Adam Sager, meanwhile, will stay around in an advisory role, according to the company. “We are very excited about the opportunities that derive from joining forces. “By joining forces, the group will be well positioned in an increasingly competitive market.”Canary will continue to function as an independent brand, moving forward.

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