Alarm.com subsidiary acquires apartment intercom company
Tysons-based security company acquired Doorport Inc.
A subsidiary of Tysons-based security company Alarm.com announced Monday it has acquired apartment intercom system company Doorport Inc.
Financial terms of the transaction were not disclosed.
Through the acquisition, PointCentral Smart Property Management, which focuses on rental properties, will now be able to offer building security and access as well as property management through a mobile platform.
In 2019, New York-based Doorport went through the Y Combinator — the same seed money accelerator program used to fund Stripe, Airbnb, DoorDash, Instacart and Dropbox.
“We couldn’t be more excited to join forces with PointCentral and Alarm.com,” Doorport CEO Ben Taylor said in a statement. “We’re confident that by bringing Doorport into the PointCentral platform, we’ll be able to realize our mission of delivering a seamless access experience to renters and smart apartment residents across North America and beyond.”
Alarm.com is a publicly-traded company that has a market capitalization of $2.03 billion.