Alarm.com Receives $136 M Investment from Technology Crossover Ventures
Alarm.com, Vienna, Va., announced that Technology Crossover Ventures (TCV), a leading provider of capital to growth-stage technology companies, has made a $136 million investment in the company. The investment will allow Alarm.com to continue to focus on developing and delivering innovative products in the market. TCV general partner Tim McAdam will join Alarm.com’s board of directors along with the existing investor ABS Capital Partners.