Top Five Hardware Startups

No. 3: SmartThings

SmartThings

SmartThings, a hardware startup focused on manufacturing home and life improvement sensors, opened its online store back in August of 2013. The company, founded by Alex Hawkinson, strives to simplify the way we interact with the objects around us, by building sensors that can do anything from locking our homes and turning off the lights to detecting motion and alerting us if someone’s trying to break in. While still in its early days, SmartThings has already raised $12.5 million in its Series A funding in November of 2013.