Space Monkey Acquired by Vivint

Vivint, Inc., provider of smart home technology, announced the acquisition of Space Monkey, a cloud storage company.

Space Monkey uses a peer-to-peer network, rather than a data center, to offer greater speed, security and cost savings for personal storage.

The acquisition supports the growth and development of the Vivint Sky smart home platform. Vivint recently introduced its SkyControl panel, which features proprietary cloud technology that learns from homeowners’ behaviors and makes intelligent suggestions to add new levels of convenience and control over the home.

“It’s a natural fit for us to be a part of Vivint’s technology for the smart home,” said Clint Gordon-Carroll, co-founder, Space Monkey. “We look forward to working with Vivint as we continue to innovat and invest in the product.”

Entrepreneurs Clint Gordon-Carroll and Alen Peacock founded Space Monkey in 2011 as an alternative to data center storage, which requires high power, cooling, infrastructure and bandwidth costs. The company offers both a local storage and remote network backup for higher data security and redundancy.

Vivint delivers services through a cloud-based platform that integrates a range of wireless features and components to provide simple, affordable home security, energy management and home automation. Dedicated to redefining the home experience with intelligent products and services, Vivint supports more than 800,000 customers throughout the U.S. and Canada.