Brilliant NextGen Will Expand Solutions for Builders Through its Acquisition by Private Investors
August 28 2024 - 12:44PM
Business Wire
Almeida Strategic Investments and Cullinan
Holdings Increase Connections to the Building Industry
Brilliant, the designer and manufacturer of innovative smart
home controls and home automation systems shares its acquisition by
Almeida Strategic Investments, led by brothers Evan and Michael
Almeida, in partnership with David Blum, owner of Cullinan
Holdings. The private investment fuels the next generation of
innovation for Brilliant’s award-winning smart home controls,
switches, and plugs trusted in thousands of homes in North America.
The new organization will operate as Brilliant NextGen, Inc. and
remain in San Mateo, CA.
“We are delighted to partner with our investors as we continue
to innovate smart home solutions that enhance the lifestyle,
comfort, and security our customers and partners depend on," said
Lisa Petrucci, CEO of Brilliant NextGen, Inc. "This investment
strengthens our collaboration with professional builders,
developers, and custom integrators, enabling us to simplify and
enhance smart home control, configuration, and management for
homeowners and residents. Our investors' deep experience in the
building market makes them a valuable ally as we accelerate
adoption through major community developments and multifamily
projects.”
Since Brilliant's inception in 2016, interest in smart devices
has skyrocketed, but so has the complexity of managing them with
fragmented control apps creating a disjointed user experience. Once
the domain of tech-savvy early adopters, smart home technology has
now gone mainstream with the market projected to reach $51 billion
by 2026—highlighting the need for a new approach.
Brilliant delivers an innovative hardware and software platform
that offers affordable in-home automation, a robust partner
ecosystem, seamless mobile remote monitoring, and worry-free
management, service, and support for both single-family and
multifamily developments.
Brilliant’s sleek in-wall solution, over-the-air feature
updates, and intuitive programming provide an ideal unified smart
home experience for homeowners. These same features have attracted
professional builders eager to differentiate their offerings with
modern tech-equipped homes. Multifamily property managers are also
turning to Brilliant to lower operating costs and mitigate risks
related to unit turnover, property access, maintenance, and asset
protection—all enabled by our software platform. With the support
of our investors and our experienced Brilliant NextGen team, we’re
ready to expand further into the professional builder and property
management markets.
Brilliant smart home products are available through the
Brilliant store and our extensive network of dealers and
distributors, catering to our builder and integrator customers.
About Brilliant NextGen
Since 2016, Brilliant's technology has been critical to
accelerate the mainstream adoption of smart home living with
affordable and user-friendly home control and automation systems.
Headquartered in San Mateo, California, Brilliant designs and
manufactures award-winning smart touchscreen control panels, smart
dimmer switches, and smart plugs. Brilliant is trusted by hundreds
of builders, developers, and property managers across the U.S. and
Canada as a standard feature of their homes and apartments,
providing homeowners and renters with a compelling unified
technology experience in their homes. Learn more about the company
at www.brilliant.tech.
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version on businesswire.com: https://www.businesswire.com/news/home/20240828321931/en/
PR Contact: Erin Wright Brilliant 530-400-1908
erin@brilliant.tech