Is the best way to manage your energy use through a home security system?
Start-up iControl Networks said Wednesday that it has raised $23 million to further develop its home security system that also allows people to control home energy through the Web and mobile devices, including the iPhone.
Investors in the series C round brought corporate investors ADT Security Services, Cisco, Comcast Interactive Capital, and GE Security. Charles River Ventures, Intel Capital, and Kleiner Perkins Caufield & Byers--through its iPhone application iFund--are also investors. To date, iControl has raised over $45 million.