Last week, the smart home company Alarm.com filed with the US SEC to list its common stock on the NASDAQ Global Select Market under the ticker symbol ALRM. They are seeking to raise $75m from the share offering. Alarm.com offers a platform solution for the connected smart home which includes video monitoring and energy management. They also serve the small business market, however according to their filing the substantial majority of their 2.3 million subscribers are residential. Indeed that would put them in a market leading position in the US, ahead of competitors like ADT pulse and Comcast Xfinity. The filing also shows that in 2014, the company posted net income of $13.5 million, up from $4.5 million in 2013. Revenue rose to just over $167 million from around $130 million. In July 2012, Alarm.com raised $136 million from VC firm Technology Crossover Ventures, who are no doubt keen to recoup at least some of […]