Even the Most Interesting Man in the World couldn’t make Luma work as standalone company

by on January 12, 2018

 Luma, a three-year-old, Atlanta, Ga.-based maker of smart WiFi routers, has been acquired by First Alert, a maker of smoke and carbon monoxide detectors that is itself a subsidiary of Newell Brands, a public company whose other holdings include Rubbermaid. Terms of the deal aren’t being disclosed, but Luma had attracted $ 22 million from investors, including Relay Ventures, Accel… Read More


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