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MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Security
alarm.com

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Founded Year

2000

Stage

IPO | IPO

Total Raised

$136.52M

Date of IPO

6/26/2015

Market Cap

3.96B

Stock Price

79.13

Revenue

$0000 

About Alarm.com

Alarm.com is a provider of interactive security solutions. Through its technology platform and advanced wireless, mobile and web-based solutions, Alarm.com helps protect and empower residential and commercial customers throughout North America. Alarm.com delivers interactive security, video monitoring, home automation and energy management to users exclusively through a network of licensed and authorized Dealer Partners.

Alarm.com Headquarter Location

8281 Greensboro Drive Suite 100

McLean, Virginia, 22102,

United States

+1 877 389 4033

Latest Alarm.com News

New Covid Variant Omicron Triggers Global Alarm, Market Sell-Off

Nov 27, 2021

Covid vaccines eight times less effective against this variant of concern The discovery of a new coronavirus variant named Omicron triggered global alarm on Friday as countries rushed to suspend travel from southern Africa and stock markets on both sides of the Atlantic suffered their biggest falls in more than a year. The World Health Organisation (WHO) said Omicron may spread more quickly than other forms, and preliminary evidence suggested there is an increased risk of reinfection. Travel Curbs Epidemiologists warned travel curbs may be too late to stop Omicron from circulating globally. The new mutations were first discovered in South Africa and have since been detected in Belgium, Botswana, Israel and Hong Kong. Representational ImagePixabay The United States will restrict travel from South Africa and neighbouring countries effective Monday, a senior Biden administration official said. Going further, Canada said it was closing its borders to those countries, following bans on flights announced by Britain, the European Union and others. But it could take weeks for scientists to fully understand the variant's mutations and whether existing vaccines and treatments are effective against it. Omicron is the fifth variant of concern designated by the WHO. The variant has a spike protein that is dramatically different than the one in the original coronavirus that vaccines are based on, the UK Health Security Agency said, raising fears about how current vaccines will fare. Scientists issued similar warnings. Very Worrrying "This new variant of the COVID-19 virus is very worrying. It is the most heavily mutated version of the virus we have seen to date," said Lawrence Young, a virologist at Britain's University of Warwick. WHO LogoWikimedia Commons "Some of the mutations that are similar to changes we've seen in other variants of concern are associated with enhanced transmissibility and with partial resistance to immunity induced by vaccination or natural infection." Those worries pummelled financial markets, especially stocks of airlines and others in the travel sector, and oil, which tumbled by about $10 a barrel. [MKTS/GLOB] [O/R] The Dow Jones Industrial Average closed down 2.5%, its worst day since late October 2020, and European stocks had their worst day in 17 months. Cruise operators Carnival Corp, Royal Caribbean Cruises and Norwegian Cruise Line plunged more than 10% each, while shares in United Airlines, Delta Air Lines and American Airlines slumped almost as much. Several other countries including India, Japan, Israel, Turkey, Switzerland and the United Arab Emirates also toughened travel curbs. In Geneva the WHO - whose experts on Friday discussed the risks presented by the variant, called B.1.1.529 - had earlier warned against travel curbs for now. "It's really important that there are no knee-jerk responses," said the WHO's emergencies director Mike Ryan, praising South Africa's public health institutions for picking up the new variant of the coronavirus that causes COVID-19. Focus on Vaccination Richard Lessells, a South Africa-based infectious disease expert, also expressed frustration at travel bans, saying the focus should be on getting more people vaccinated in places that have struggled to access sufficient shots. "This is why we talked about the risk of vaccine apartheid. This virus can evolve in the absence of adequate levels of vaccination," he told Reuters. Less than 7% of people in low-income countries have received their first COVID-19 shot, according to medical and human rights groups. Meanwhile, many developed nations are giving third-dose boosters. "Failure to help vaccinate sub-Saharan Africa - still barely 4% of the population - left us all exposed to risk of a new, more virulent #COVID variant," IMF Managing Director Kristalina Georgieva wrote on Twitter. "News of #Omricon is an urgent reminder of why we need to do even more to vaccinate the world." Coronavirus Risk in FlightPixabay The coronavirus has swept the world in the two years since it was first identified in central China, infecting 260 million people and killing 5.4 million. One epidemiologist in Hong Kong said it may be too late to tighten travel curbs against the latest variant. "Most likely this virus is already in other places. And so if we shut the door now, it's going to be probably too late," said Ben Cowling of the University of Hong Kong. Discovery of the new variant comes as Europe and the United States enter winter, with more people gathering indoors in the run-up to Christmas, providing a breeding ground for infection. Friday also marked the start of the holiday shopping period in the United States, but stores were less crowded than in years past. Realtor Kelsey Hupp, 36, was at the Macy's department store in downtown Chicago on Black Friday. "Chicago is pretty safe and masked and vaccinated. I got my booster so I'm not too concerned about it," she said. Read more

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Expert Collections containing Alarm.com

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Alarm.com is included in 3 Expert Collections, including Smart Home & Consumer Electronics.

S

Smart Home & Consumer Electronics

1,428 items

C

Conference Exhibitors

6,062 items

Companies that will be exhibiting at CES 2018

I

Internet of Things ( IoT )

3,149 items

Alarm.com Patents

Alarm.com has filed 521 patents.

The 3 most popular patent topics include:

  • Sensors
  • Rotating disc computer storage media
  • Wireless networking
patents chart

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Cryptography, Key management, Block ciphers, Cryptographic protocols, Secure communication

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