Venture-backed iControl Networks acquires Ottawa startup Blacksumac
Blacksumac Inc, maker of Piper, a Wi-Fi-enabled home awareness and security device, has been acquired by iControl Networks Inc for an undisclosed amount. Founded in 2012, Blacksumac is based in Ottawa, Ontario. According to iControl, the transaction will allow the company to expand its connected home management offerings to new markets. Based in Redwood City, California, iControl has been venture-backed since 2006. Its U.S. investors include Charles River Ventures, Comcast Ventures, Intel Capital and Kleiner Perkins Caufield & Byers. In 2011, the company also secured an investment from Canadian communications and media company Rogers Communications Inc.
10 April 2014•3 mins read
