<s>
SmartThings	B-Application
Inc	O
.	O
is	O
an	O
American	O
home	O
automation	O
company	O
headquartered	O
in	O
Mountain	O
View	O
,	O
California	O
with	O
a	O
software	O
development	O
center	O
in	O
Minneapolis	O
,	O
Minnesota	O
.	O
</s>
<s>
Founded	O
in	O
2012	O
,	O
it	O
focuses	O
on	O
the	O
development	O
of	O
eponymous	O
automation	O
software	O
and	O
an	O
associated	O
array	O
of	O
client	O
applications	O
and	O
cloud	O
platforms	O
for	O
smart	O
homes	O
and	O
the	O
consumer	O
Internet	B-Operating_System
of	I-Operating_System
things	I-Operating_System
.	O
</s>
<s>
Since	O
August	O
2014	O
SmartThings	B-Application
has	O
been	O
a	O
subsidiary	O
of	O
Samsung	O
Electronics	O
.	O
</s>
<s>
SmartThings	B-Application
cites	O
its	O
platform	O
as	O
having	O
62	O
million	O
active	O
users	O
,	O
a	O
number	O
it	O
claims	O
increased	O
70%	O
through	O
2019	O
and	O
2020	O
.	O
</s>
<s>
SmartThings	B-Application
was	O
conceived	O
by	O
co-founder	O
and	O
once-CEO	O
Alex	O
Hawkinson	O
in	O
the	O
winter	O
of	O
2011	O
.	O
</s>
<s>
Through	O
2011	O
and	O
2012	O
,	O
Hawkinson	O
and	O
his	O
SmartThings	B-Application
co-founders	O
worked	O
to	O
build	O
a	O
prototype	B-Application
of	O
their	O
desired	O
solution	O
to	O
such	O
problems	O
.	O
</s>
<s>
That	O
prototype	B-Application
would	O
go	O
on	O
to	O
form	O
the	O
basis	O
of	O
a	O
successful	O
Kickstarter	O
campaign	O
which	O
the	O
developers	O
launched	O
in	O
September	O
2012	O
and	O
that	O
would	O
go	O
on	O
to	O
secure	O
US	O
$1.2	O
million	O
in	O
backing	O
,	O
making	O
it	O
the	O
second	O
largest	O
,	O
smart-home	O
focussed	O
crowdfunding	O
project	O
to	O
date	O
.	O
</s>
<s>
Raising	O
$3	O
million	O
in	O
a	O
December	O
2012	O
seed	O
funding	O
round	O
,	O
SmartThings	B-Application
would	O
go	O
on	O
to	O
commercially	O
launch	O
its	O
products	O
in	O
August	O
2013	O
before	O
raising	O
a	O
further	O
12.5	O
million	O
in	O
a	O
Series	O
A	O
funding	O
round	O
in	O
late	O
2013	O
.	O
</s>
<s>
In	O
August	O
2014	O
,	O
Samsung	O
Electronics	O
announced	O
that	O
it	O
had	O
reached	O
an	O
agreement	O
to	O
acquire	O
SmartThings	B-Application
.	O
</s>
<s>
Initially	O
SmartThings	B-Application
produced	O
a	O
suite	O
of	O
custom	O
hardware	O
and	O
software	O
services	O
,	O
including	O
smart	O
home	O
hubs	O
and	O
sensors	O
.	O
</s>
<s>
In	O
June	O
2020	O
,	O
SmartThings	B-Application
 '	O
engineering	O
head	O
Mark	O
Benson	O
announced	O
that	O
SmartThings	B-Application
would	O
pivot	O
away	O
from	O
manufacturing	O
its	O
own	O
hardware	O
and	O
instead	O
focus	O
on	O
software	O
.	O
</s>
<s>
The	O
company	O
hopes	O
to	O
enlist	O
other	O
companies	O
to	O
manufacture	O
and	O
distribute	O
SmartThings	B-Application
hardware	O
.	O
</s>
<s>
In	O
October	O
2020	O
,	O
SmartThings	B-Application
announced	O
that	O
Aeotec	O
will	O
take	O
over	O
its	O
European	O
hardware	O
line	O
.	O
</s>
<s>
In	O
December	O
2020	O
,	O
Aeotec	O
revealed	O
that	O
it	O
would	O
also	O
manage	O
the	O
SmartThings	B-Application
hardware	O
portfolio	O
throughout	O
Australia	O
,	O
Canada	O
,	O
the	O
United	O
Kingdom	O
,	O
and	O
the	O
United	O
States	O
.	O
</s>
<s>
As	O
of	O
February	O
2021	O
,	O
SmartThings	B-Application
develops	O
software	O
and	O
cloud	O
services	O
.	O
</s>
