With an investment of $25 million, ADT is taking a minority ownership stake in the company, but is looking forward to working with Life360 to develop and release a subscription-based mobile security smartphone app by late 2014.
Arthur Orduña, ADT’s senior vice president chief innovation office, called the partnership “a perfect pairing,” and emphasized the companies’ shared vision for providing peace of mind to families, wherever they may go.
Life360 already offers features like family-wide geofencing, roadside assistance, and 24/7 access to a live advisor capable of talking family members through a crisis or contacting the authorities on their behalf.
With ADT opening up access to its own live monitoring network, as well as remote control over its home security system, the two companies are prepared to expand both of their offerings even further in the coming months.
Already Life360 has its own dedicated channel on IFTTT, the highly regarded web automation service, which means the company is capable of syncing up with a wide range of online services as well as smart home gadgets like Philips’ Hue LEDs and Belkin WeMo Switches.
For families not yet protected by an ADT monitored home security system, call today! Our security experts are on hand to answer your questions and talk you through the latest advancements in ADT’s home security technology.