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InGrid adds $13.5M in new funding round

Mon, 07/16/2007 - 9:00am
Traci Patterson

InGrid Inc. has racked up an additional $13.5 million in private capital from a new round of funding led by the Armstrong Group of Companies and Associated Partners. 

The financing will be used to continue the company’s development and market launch of digital home protection services, which InGrid CEO Louis Stilp said is “the first all-digital, all-wireless technology for home and small business security.”

Existing investors CenterPoint Ventures, Novak Biddle Venture Partners, PA Early Stage Partners and ZG Ventures also participated in the round.

And Kirby Campbell, CEO of Armstrong Group, has been appointed to InGrid’s board of directors.

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