Peter Thiel and Solamere Capital have invested $100m in Vivint Smart Home.

Peter Thiel, a tech investor and Solamere Capital. an investment firm have invested $100m in Vivint Smart Home™, a leading provider of smart home technology and services. The strategic investment will help fuel Vivint’s rapid growth and product innovation as it extends its preeminent position in the growing smart home market. “For Peter and Solamere to place their confidence in Vivint as the smart home leader is a huge validation of what we have built and where we are headed. The fact that they are investing in our future demonstrates their passion for our business and their vision for this industry. We look forward to working together to redefine the home experience.” Todd Pedersen, Vivint Smart Home Founder and CEO.