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Smart home startup Deako raises $12.5M, says its light switches are becoming ‘industry standard’
March 16, 2021 at 7:43 am
Deako’s “plug and play” light switches allow homebuilders and homeowners to easily swap in high-tech, remotely controlled lighting. (Deako Photo)
New funding: Seattle startup Deako Lighting raised $12.5 million as part of a Series B round to fuel growth of the company’s smart light switch technology.
The business: Deako’s “plug and play” light switches allow homebuilders and homeowners to easily swap in high-tech, remotely controlled lighting. Its technology works off a home’s existing wiring and lets homebuilders market their projects as smart homes, without a lot of upfront cost. “Our core value proposition is we make it super simple for homeowners to personalize their home lighting in really cool and powerful ways,” said COO Wes Nicol.