Alarm.com Holdings, a cloud-connected home security and energy platform with 2.3 million subscribers, filed on Friday with the SEC to raise up to $75 million in an initial public offering.
The Internet of Things (IoT) space saw fast-growing startup Nest acquired by Google in January 2014 for $3.2 billion.
The Vienna, VA-based company, which was founded in 2000 and booked $176 million in sales for the 12 months ended March 31, 2015, plans to list on the NASDAQ under the symbol ALRM. Alarm.com initially filed confidentially on May 14, 2014. Goldman Sachs, Credit Suisse and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.
