4Home will be part of Motorola Mobility, which is comprised of Motorola’s Mobile Devices and Home businesses. Motorola Mobility will soon split into a separate entity in early January.
The startup has raised over $9 million in venture funding from Pond Ventures, Parker Price Venture Capital and Verizon Investments. And apparently 4Home is growing. A recent VentureBeat article cited that 4Home grew revenue by 300 percent in 2009 and doubled its workforce.
Motorola also recently acquired location based mobile software startup Aloqa and reportedly bought 280 North in August.
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Authors: Leena Rao