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12 March 2018

Ecobee sets $61m for series C close

Amazon Alexa Fund made its second investment in the smart thermostat developer, which has now raised $146m altogether.

Author: Robert Lavine, News Editor

E-commerce firm and cloud computing technology provider Amazon has contributed to a $61m series C round for Canada-based smart thermostat producer Ecobee through its Amazon Alexa Fund.