About 2GIG
2GIG is a company based in Lehi (United States) founded in 2005 was acquired by Nortek in February 2013.. 2GIG offers products and services including Security Panels, Encrypted Sensors, Automation Devices, and Gate Operators. 2GIG operates in a competitive market with competitors including Ring Labs, Ooma, SimpliSafe, Ajax Systems and Kangaroo, among others.
- Headquarter Lehi, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Nice North America Llc
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Products & Services of 2GIG
2GIG offers a comprehensive portfolio of products and services, including Security Panels, Encrypted Sensors, Automation Devices, and Gate Operators. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Advanced panels for monitoring and controlling home security systems.
Sensors for intrusion detection and life safety applications.
Devices for Z-Wave automation and home integration.
Systems for commercial and residential gate operations.
Funding Insights of 2GIG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 2GIG
2GIG has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nortek. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Develops air quality, HVAC, security and ergonomics solutions for homes and buildings
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by 2GIG
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 2GIG
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
2Gig Comparisons
Competitors of 2GIG
2GIG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ring Labs, Ooma, SimpliSafe, Ajax Systems and Kangaroo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based video surveillance systems are provided for security monitoring.
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Cloud-based business telephony and home security services are provided.
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Wireless home security systems are offered with cellular monitoring.
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Connected security systems with detectors and hubs are provided.
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| domain | founded_year | HQ Location |
Security solutions for residential buildings are developed.
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| domain | founded_year | HQ Location |
Offers video surveillance, intrusion alarms, access control, and fire detection systems globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 2GIG
When was 2GIG founded?
2GIG was founded in 2005.
Where is 2GIG located?
2GIG is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
What does 2GIG do?
2GIG provides residential security and home automation solutions. Product Go!Contol system is a self-contained security and home management system based on Z-Wave systems. Claimed to sell 1M units since its launch in 2010. Awarded 2011 Security Product of the Year from the TechHome Division of the Consumer Electronics Association (CEA) and 2011 Best Wireless Security Panel at Electronic Security Expo (ESX). Acquired by Nortek in 2013 and integrated with its Linear product line which is within its subsidiary Nortek Security Control.
Who are the top competitors of 2GIG?
2GIG's top competitors include Ooma, SimpliSafe and Ring Labs.
What products or services does 2GIG offer?
2GIG offers Security Panels, Encrypted Sensors, Automation Devices, and Gate Operators.
Who are 2GIG's investors?
2GIG has 1 investor. Key investors include Nortek.
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