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Nest (company)

Nest (company)

Nest is a Palo Alto, California-based developer of home automation and IoT products founded in 2010 by Tony Fadell.

Nest, originally known as Nest Labs, was founded in May of 2010 by Tony Fadell and Matt Rogers, two former Apple engineers.

Flagship Products
Nest Learning Thermostat

Nest's initial product is a smart programmable thermostat that hosted a wifi connection allowing consumers to adjust their home's temperature from smart devices anywhere. The thermostat collected user data to make predictions on best temperature practices based on historical settings. This product was introduced to the commercial market in 2011.

Nest Protect

Nest Protect is a smart smoke and carbon monoxide (CO) detector, launched in October of 2013. The device is wifi-enabled, allowing push notifications to be sent to smart devices in the event of smoke or CO2 detection, as well as the ability to silence triggered alarms from smart devices. The item was discontinued in April of 2014 due to an affinity for the device's accidental disabling, which triggered a Nest Protect recall. In June of 2015, the product was relaunched with a split-spectrum sensor that allows smoke detection via light sensing.

Nest Cam

Nest Cam was introduced to the Nest brand in June of 2015 after Nest acquired Dropcam in 2014. Nest released a full line of automated security cameras for indoor and outdoor home security. A software flaw was reported in 2016 that allowed anyone with a Bluetooth capable device to deactivate the security cameras; a security update was procured to secure camera networks.

Google Acquisition of Nest

Google announced on January 13, 2014, that it planned to acquire Nest Labs for $3.2 billion. The transaction was complete by January 14, 2014, with the intent of Nest continuing to operate independently from other Google businesses. Additionally, in 2014, Nest products became available for purchase in Europe.

Google restructures under Alphabet Inc.

In August of 2015, Google restructured its operations under the parent company Alphabet Inc. and Nest was separated from Google and became a subsidiary of Alphabet.

Nest merges with Google's Hardware Division

In February of 2018, Google hardware announced that Nest had merged to become part of the hardware division, which also served as home to Chromecast and Google Home. Nest remained at its headquarters located in Palo Alto, California, but the CEO, Marwan Fawaz, began directly reporting to the head of hardware Rick Osterloh. In June of 2018, Fawaz stepped down as CEO, and Nest was merged with Google's home devices team headed by Rishi Chandra. In 2019, Google rebranded all of its Google Home Hub products under the umbrella name Google Nest Hub.

ADT partnership

In 2020, Google announced its commitment to invest $450 million in ADT to integrate the ADT security monitoring services into Nest devices.

Timeline

August 3, 2020
ADT and Google today announced they are entering into a long-term partnership to create the next generation of smart home security offerings through Google Nest.

Google will make a $450 million investment in ADT.

July 17, 2018
Nest CEO steps down as division is brought under the Google Home team
June 16, 2014
Two and a half months after Nest Labs pulled its "smart" Protect smoke detector off store shelves, the device maker on Monday returned the product to the market.
February 12, 2014
Google closes $3.2 billion purchase of Nest
January 30, 2013
Nest raises a $80,000,000 series C round from Venrock.
October 25, 2011
Nest Labs, launches smart home thermostat.

Funding rounds

People

Name
Role
LinkedIn

Aamir Virani

Employee

Aaron Gragg

Employee

Abhishek Bhowmick

Employee

Adam Chagani

Employee

Adam Kilgore

Employee

Adam Sheehan

Employee

Adrien BIshop

Employee

Ahmēd Abukersh

Advisor

Albert Dul

Employee

Alberto Vildosola

Employee

Alejandro Pascual

Investor

Allie Sousa (formerly Bellew)

Employee

Amelia Hardy

Employee

Amruth Venkatraman

Employee

Amy Muntz

Employee

Amy Rosenthal

Employee

Amy Yuan

Employee

Ana-Maria Sardeson

Employee

Andi Janti

Employee

Andrea Mucignat

Employee

Andrew Choi

Employee

Andrew Deagon

Employee

Andrew Diao

Employee

Andrew Naber

Employee

Andrew Smith

Employee

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Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Ron Amadeo
June 30, 2021
Ars Technica
Nest speakers, cameras, thermostats, displays, and more get solid support windows.
June 30, 2021
The Indian Express
Google is commiting to offer bug fixes and patches for at least five years after the launch of every Nest device.
Reuters
June 16, 2021
The Hindu
Google contractually prohibits Sonos from using technology that allows users to switch between Amazon's Alexa and the Google voice assistant
Babu Mohan
June 8, 2021
Android Central
Google has announced that it will soon expand Duplex support to Nest smart displays. The feature, which was first announced at Google I/O 2018, is currently available only on phones.
Dale Smith
May 20, 2021
CNET
What will bring them together? A smart home connectivity standard, expected later this year, called Matter.
Nico Grant | Bloomberg
March 16, 2021
@bsindia
The company unveiled the second-generation model of its Nest Hub smart display in a blog post Tuesday
Sheremetyevo International Airport
February 10, 2021
www.prnewswire.com:443
/PRNewswire/ -- Sheremetyevo International Airport reviewed its best practices in security and control yesterday at the "Security Technologies 2021" Forum....
Jess Sheldon
December 20, 2020
Express.co.uk
PENSION contributions are a monthly occurrence for many, however with retirement seeming far away, it might not be something many think about all that much during the earlier stages of their working lives.
Laura Begley Bloom
December 17, 2020
Business Insider
Hotels across the globe are sharing their iconic and easy-to-follow holiday recipes so you can recreate them on your own from the comfort of home.
NEST
November 25, 2020
www.prnewswire.com:443
/PRNewswire/ -- Retail and banking industry leaders came together during The Rollout Event, hosted virtually by RetailSpaces. The panel included Tom McGee,...
Jon Porter
November 9, 2020
The Verge
Philips Hue is dropping its Works with Nest functionality next week on November 17th, In a notice the app warned "integration with Nest Thermostat, Nest Cam and Nest Protect will be discontinued" from this date.
Samuel Axon
October 12, 2020
Ars Technica
It's smaller, and you can control it with the Google Home app.
Jim Salter
October 8, 2020
Ars Technica
The new Google Wi-Fi looks to be much the same as the original Google Wi-Fi.
Boston Herald Wire Services
August 3, 2020
Boston Herald
Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT Inc., a deal that will open new opportunities for one of the internet's most powerful companies to extend the reach of its Nest cameras and voice-activated voice assistant.
Ben Patterson
August 3, 2020
TechHive
Nest cameras and displays will soon become the "cornerstone" of ADT's smart home offerings, Google says.
Ben Patterson
July 27, 2020
TechHive
Google will send you a free replacement for a Nest thermostat that's suffering from the dreaded w5 Wi-Fi error, but there are also some troubleshooting steps you can try.
Brian Heater
July 21, 2020
TechCrunch
Google has long had a leg up on Amazon as far as smart screen video playback is concerned. YouTube is really the ideal service for these kinds of devices. Amazon, on the other hand, has a solid option for watching movies and TV on the Echo Show, in the form of its own Prime video [...]
Tom Jackson
May 18, 2020
Disrupt Africa
Egyptian startup Interact Labs, which develops solutions that enhance collaboration, has secured funding commitments worth US$60,000 after taking part in Zoom-based "Shark Tank" equivalent The Nest.
Ben Patterson
May 5, 2020
TechHive
If you haven't already locked down your Nest account with two-step authentication, Google will do it for you starting in May.
Ben Patterson
May 1, 2020
TechHive
The new setting helps solve the problem of Google Assistant either not hearing its wake word, or accidentally thinking it did hear it.
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References

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