Homely secures NOK 55 million from Rasmussengruppen and Schibsted.

Homely, an Oslo, Norway--bsed provider of security solutions, announced that it secured funding of NOK 55M ($6.23M).

The money was raised from investors The Rasmussen Group and existing shareholders Schibsted through Schibsted Growth. Rasmussengruppen will contribute NOK 30M for an equity stake of 14.6% while Schibsted will own 12%.

Homely, founded in 2019 by investor Nadir Nalbant, provides a subscription service for smart alarms for residential properties. Homely uses a modern platform connected to an FG approved alarm station. The platform is open, which provides, among other things, great flexibility in terms of which components can communicate with Homely's central.

Homely previously raised NOK 12M ($1.3 million) from Schibsted in 2019.