“Boosting “Renew Home”: SIP provides $100M to unite Google Nest and OhmConnect”
OhmConnect is currently active in California, Texas, and New York, and the new company, Renew Home, plans to expand into new markets once launched, the spokesperson added.
Sidewalk Infrastructure Partners itself was once a part of Sidewalk Labs.
Sidewalk Labs got its start originally as a Google moonshot in 2015 with the lofty goal of using tech to improve urban life.
SIP was eventually spun out of Sidewalk Labs in 2020 fuelled with a $400 million investment from Google.
Nest Renew has been one of OhmConnect’s customers, alongside Sensi, ecobee, Carrier and others.