# Nest Labs: Manufacturing, Palo Alto

> Nest Labs: Nest Labs is a home automation company manufacturing sensor-driven, Wi-Fi-enabled, self-learning thermostats and smoke detectors. Based in Palo Alto.

Source: https://millionrounds.com/startup/nest-labs (Millionrounds; every figure on the page links to its filing or article)

[Manufacturing startup](https://millionrounds.com/companies)

# Nest Labs

Nest Labs is a home automation company manufacturing sensor-driven, Wi-Fi-enabled, self-learning thermostats and smoke detectors.

Funding reported Last round: Private equity

Manufacturing Palo Alto

Company summary

- **Founded:** 2010 16 years old
- **Team:** 1,001 1,000+ people
- **Funding reported:** 230M as listed, currency not stated
- **Last round:** Private equity Jan 2014

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Nest Labs has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Nest Labs raised

Funding, as reported

Reported in all **230M** in the source's currency

Rounds **4**

Last round **Private equity**

Last round date **Jan 2014**

Investors listed **13**

## On 2 portfolio pages

Investors who name them

- [PJC](https://millionrounds.com/fund/pjc)
- [S32](https://millionrounds.com/fund/s32)

Each firm lists Nest Labs on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## How it ended, so far

Exit

Exit Buyer Price When

Acquired [Google](https://millionrounds.com/fund/google-assistant-investments) $3.2B Jan 2014

## Manufacturing in the same market

Startups like it

- [**Westmag** South San Francisco *Raised*](https://millionrounds.com/company/westmag)
- [**H Robotics** founded 2018](https://millionrounds.com/startup/h-robotics)
- [**Next&Bio** founded 2018](https://millionrounds.com/startup/next-bio)
- [**Fuel Cell Millennium Technologies** founded 2020](https://millionrounds.com/startup/fuel-cell-millennium-technologies)
- [**NanoX** Startup](https://millionrounds.com/startup/nanox)
- [**Kalos Medical** founded 2015](https://millionrounds.com/startup/kalos-medical)
- [**Netspa** founded 2020](https://millionrounds.com/startup/netspa)
- [**Silver Consumer Electricals Private limited** founded 1981](https://millionrounds.com/startup/silver-consumer-electricals-private-limited)

## Is this your company?

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