Microsoft announced in June its plan to create a new venture accelerator focused on home automation in partnership with American Family Insurance, one of the biggest mutual property/casualty insurance companies. Via this accelerator, which will be based on the Redmond, Wash., Microsoft campus, Microsoft will be investing in these home-automation startups.
The 10 participants (and Microsoft-provided descriptions of their businesses) -- culled from a pool of 400 applicants:
Chai Energy delivers real-time energy understanding – from the whole house to individual appliances.
Heatworks Model 1 is the world's first fully electronic, connected, water heater that conserves water and energy in any application.
Neura creates intuitive and intelligent experiences between users and their connected environments.
Novi Security is a portable smart-security system to seamlessly track activities across the home.
Reemo is a wrist-worn, gesture control wearable, interoperable interface for both conventional appliances and more recent connected homes.
Plum is Wi-Fi enabled light-pads, smart plugs and outlets that let the users control lights and electronics from a wall switch or from anywhere in the world using a smart phone.