Brilliant has been acquired by Almeida Strategic Investments, led by Evan and Michael Almeida, in partnership with David Blum of Cullinan Holdings. The acquisition will support the next phase of development for Brilliant’s smart home controls, switches, and plugs. The new entity will operate as Brilliant NextGen, Inc. and will continue to be based in San Mateo, CA.
Lisa Petrucci, CEO of Brilliant NextGen, Inc., noted that the investment will enhance collaborations with builders, developers, and integrators, aiming to improve smart home control, configuration, and management. The investors’ experience in the building market is expected to aid in widening the adoption of Brilliant’s products in community developments and multifamily projects.
Personally, we’re excited by the focus on builders, developers, and integrators. We hope that this leads to an API connection or some sort of hook with the Brilliant devices that lets them interact with Home Assistant and other smart home controllers. These panels are super nice looking and would be amazing for controlling scenes, audio, lights, and more.
Brilliant, established in 2016, has seen significant growth in the smart home market, which is expected to reach $51 billion by 2026. The company provides a hardware and software platform for in-home automation, including mobile remote monitoring and management for both single-family and multifamily developments. Their products include in-wall solutions, over-the-air updates, and user-friendly programming, appealing to both homeowners and professional builders.
Brilliant’s offerings are designed to lower operating costs and mitigate risks associated with property management. Their smart home products are available through their store and a network of dealers and distributors.
For more information, visit the Brilliant’s website here.