Deako lands $13.4M to sell more smart light switch tech

Deako Lighting, a Seattle-based maker of smart light switch technology, raised $13.4 million.

Deako CEO and founder Derek Richardson declined to name specific investors but called them “key industry players.”

Founded in 2015, Deako’s light switches allow homebuilders and homeowners to swap in remotely controlled lighting. Its technology works off a home’s existing wiring and lets homebuilders market their projects as smart homes, without much of the upfront cost.