Amazon Acquires Blink to Contend with Google

Smart home security provider Blink said it had agreed to be acquired by Amazon for an undisclosed amount. Blink’s wireless home security cameras and doorbells, which are compatible with Amazon’s Echo, send motion-activated alerts and HD video to users’ smartphones when it detects any unusual activity.

The acquisition of Blink will help Amazon better rival Google’s Nest, which sells similar products. The acquisition may also help Amazon when the company rolls out its Amazon Key in-home delivery system.
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Blink received its Series A funding in June 2013, according to Pitchbook, and raised $2.6 million in its last venture funding in November 2015, bringing its total funding to $25.8 million, excluding grant and crowdfunding. Notable investors included Comcast Ventures and Flybridge Capital Partners.