Alarm.com Buys Majority of Safety Mobile App Firm Noonlight

Alarm.com bought a majority of connected safety platform company Noonlight, it said Wednesday. Noonlight began as a personal safety mobile app and has grown to a platform with over 3.5 million app users, the companies said. The investment in Noonlight will have “aligned missions to protect people through advanced technology,” said Alarm.com Chief Strategy and Innovation Officer Jeff Bedell. Noonlight CEO Zach Winkler noted Alarm.com’s history of allowing companies it invested in to “continue to operate as an independent business and brand,” while benefiting from its resources. Noonlight will continue to operate independently as an IoT device monitoring provider and consumer safety app, the companies said. Terms weren’t disclosed.