Thursday, December 4, 2014

Qolsys Gets Funding From Tyco

San Jose-based Qolsys, which develops technology for the residential security and home control and automation market, has scored a strategic investment round from Tyco Security Products. Financial terms of the strategic investment were not disclosed. Qolsys said the funds go to accelerate development of its residential and Internet of Things (IoT) products. The investment also includes a distribution deal with Tyco Security Products' channel. Qolsys is led by Dave Pulling. More information »