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SimpliSafe history
SimpliSafe company history timeline
SimpliSafe was founded in 2006 by then-Harvard Business School students, Chad and Eleanor Laurans, after several friends in the Cambridge area experienced break-ins, but couldn't find a security company that was designed to help renters.
SimpliSafe launched in 2009 with initial funding from angel investors.
In 2010, revenue for the company was $1.4 million.
In 2013 revenue was $38.5 million.
In May 2014, Sequoia Capital invested $57 million in SimpliSafe through a Series A round of funding.
In 2015, SimpliSafe grew from 100 employees to about 250 employees, and was reported to have 300,000 customers.
In February 2016, independent security firm IOActive identified a potential RF system vulnerability that could be used to target Simplisafe and other RF-based monitoring systems, allowing them to be disabled.
In June 2017, SimpliSafe launched its SimpliCam security camera.
In January 2018 at the Consumer Electronics Show (CES), the company introduced the third generation version of its product line, allowing over the air updates of the technology to address the RF vulnerability.
The system was designed in conjunction with design firm IDEO. In February 2018, in the wake of the Stoneman Douglas High School shooting, SimpliSafe came under pressure from gun control activists for offering a monitoring discount to National Rifle Association members.
On August 21, 2019, SimpliSafe announced the launch of its Smart Lock.
By February 2020, Simplisafe had 800 employees, and announced a second call center was opening in the Richmond, Virginia area, adding an additional 500 jobs.
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SimpliSafe competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Brinks Home | 1994 | $503.6M | 1,280 | 15 |
| Microdyne Outsourcing | 1991 | $15.0M | 200 | - |
| Sento | 1986 | $49.9M | 720 | - |
| NCO Customer Management, Inc. | 1983 | $1.8B | 43,000 | - |
| Microdyne Corporation | - | $270.0M | 1,045 | - |
| TaxSlayer | - | $23.0M | 245 | 15 |
| Universal Electronics | 1986 | $394.9M | 3,945 | 3 |
| Video Professor | - | $7.3M | 74 | - |
| CallTech Communications | 1996 | - | 1,800 | - |
| Direct Satellite Tv | - | $5.5M | 58 | - |
SimpliSafe history FAQs
Zippia gives an in-depth look into the details of SimpliSafe, including salaries, political affiliations, employee data, and more, in order to inform job seekers about SimpliSafe. The employee data is based on information from people who have self-reported their past or current employments at SimpliSafe. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by SimpliSafe. The data presented on this page does not represent the view of SimpliSafe and its employees or that of Zippia.
SimpliSafe may also be known as or be related to SimpliSafe, SimpliSafe Inc, SimpliSafe, Inc. and Simplisafe.