Savant Systems, a Hyannis, Mass.-based luxury smart home technology company, received a $90m investment.
Affiliates of global investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR) and the founder of Savant, Robert Madonna, made the investment.
The funding will support Savant’s continued product innovation and company expansion.
The company provides home control and automation solutions in the luxury and mid-market. It offers a comprehensive whole-home control through both an iOS and Android application deployed in mansions, yachts and castles across the globe.
The systems are sold globally through a network of Certified Savant Home Integrators and through Magnolia Design Centers.
Savant also has offices in San Francisco and Salt Lake City, and an experience center in New York.