$8M more for Lifeshield wireless alarms

LifeShield Security, the Yardley-based home-alarm-system startup/rollup that's trying to do a wireless end-run against neighbor Tyco and other industry giants, said last week it's raised another $8 million in venture capital, raising the total since 2009 to $20 million.

Investors include Mike DiPiano's Radnor-based Newspring Capital, Associated Group, Mike Bolton's Wayne-based Novitas Capital, Centerpoint Ventures, Chris Fralic's and Josh Kopelman's West Conshohocken-based First Round Capital, MHS Capital, and CEO Mike Hagan, who previously ran Nutri/System. Statement here.

Continue Reading