Avaak

Avaak

Remote video monitoring and networking devices for individuals and businesses. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€36—55m (Dealroom.co estimates Mar 2010.)
San Diego California (HQ)
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DateInvestorsAmountRound

$7.0m

Series A

$10.0m

Series B

N/A

Acquisition
N/A

$500k

Seed
N/A

N/A

Series A

N/A

Early VC
Total Funding€15.9m

Recent News about Avaak

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Avaak, operating under the brand name Arlo, is a pioneering company in the smart home security market. Arlo specializes in providing 100% wire-free, high-definition security cameras designed for both indoor and outdoor use. These cameras are weatherproof and battery-powered, with a battery life that can last up to six months. This makes them highly versatile and easy to install, as they do not require a power outlet.

Arlo's primary clients are homeowners and small businesses looking for reliable and easy-to-install security solutions. The company operates in the smart home security market, which is a rapidly growing sector driven by increasing consumer awareness and demand for home automation and security.

The business model of Arlo revolves around the sale of its security cameras and related accessories. Additionally, Arlo offers a mobile app that allows users to view live and recorded HD video from their cameras anytime and anywhere. This app enhances the user experience by providing real-time monitoring and alerts, adding value to the hardware.

Arlo makes money through the direct sale of its cameras and accessories, as well as through subscription-based services. These services include cloud storage plans that allow users to store and access their video recordings securely. The company also engages with its community of users through forums and idea-sharing platforms, fostering customer loyalty and continuous product improvement.

In summary, Arlo by Avaak is a leader in the smart home security market, offering innovative, wire-free, high-definition security cameras that cater to both residential and small business clients. The company's revenue streams include hardware sales and subscription services for cloud storage and advanced features.

Keywords: wire-free, HD cameras, smart home, security, weatherproof, battery-powered, mobile app, cloud storage, home monitoring, subscription services.