Looks like a Tornado is coming our way!
AlertMe.com closes £5 million financing round
AlertMe.com, the home security company for the internet generation, today announced the closing of a £5 million financing round from entities affiliated with the Tudor Group.
The funding will be used to help complete the final stage of development and testing, to build brand partnerships, and bring the product to market.
Adrian Critchlow, co-founder of AlertMe.com, commented, 'We are delighted to have Tudor as an investor. We feel this investment validates our product development efforts to date, and our planned approach to the home security market.'
AlertMe.com will be launching a next generation home security product using internet and mobile technology to connects people to their homes at all times, and alert users to unauthorized entry or fire. The product's increased functionality will be cost much less than the installation and monitoring costs of a conventional home alarm system.
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