uControl, which launched 5 years ago at DEMO, announced the addition of two new vice presidents and the final $3.9M of a $9M investment round, with none of that money coming from venture or institutional investors. The company exemplifies what startups and entrepreneurship are really all about. They started with a market and an idea, and they’ve been iterating the company focus over time to find solid product-market fit. It’s the sign of solid management, and experienced startup talent that understands great companies are not built overnight.
The company is currently doubling staff and office space to accommodate the growth. The executive hires include Tom Chmielewski as Vice President of Sales, and David Costilow joining as Vice President of Customer Services.
Financial infusion from partners and customers, as well as signed deals, is a great sign of the market viability of uControl, proof that its Home Security, Monitoring and Automation (SMA) Platform fills a big need today, and tomorrow, in all things digital home. uControl has recently announced new cable company customers such as Comporium, Massillion and NewWave. And partners like Ember and SMC Networks are very aggressive and public about their work with uControl.
The new Vice Presidents will help accelerate this customer and partner adoption even further. “These hires are critical as we move into a new phase of our company,” said uControl President and CEO Jim Johnson. “From product development to market deployment, David Costilow brings a wealth of experience supporting and delivering solutions to broadband service providers while at 2Wire, Motive and AlterPoint. David is tasked with delivering and supporting our SMA solutions with all customers. Tom Chmielewski will be charged with growing uControl’s broadband service provider customer base. We are especially focused on Tom’s International experience as we look to grow the uControl presence globally.”