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 If nothing else, it s the jordan  easiest way to kickstart new tech development for a company that s been around for a l dunks shoes ong time   more than 60 years, in Generac s case. The company will pay $200 million in cash, plus $450 million in stock to Ecobee s shareholders. If additional targets are hit before closing, Generac will toss in up to $120 million more in stock, totaling up to $770 million.Toronto-based Ecoboee was founded in 2007, and has since become one of the bigger names in the connected thermostat space, alongside companies like Nest, which was acquired way back in 2014. Nest would eventually become Google s de facto smart home brand. And, like Nest, Ecobee subsequently expanded into additional smart home devices, including security cameras and sensors. Generac s evolution into an energy technology solutions company creates many opportunities to integrate our ecobee products with thei nike air max r residential device offerings, enabling direct monitoring and control of a significant portion o Ubml GM details 12 upcoming electric vehicles from Cadillac GMC Chevrolet and Buick
 The round was led by IVP and Sapphire Ventures. Under the terms of the deal salomon zapatillas , Cack Wilhelm will be joining the CircleCI board. Jai Das from Sapphire will also be joining the board as an observer.Today   investment brings the total raised to $215 million, according to the company, with $156 mill mizunos ion coming over the last 8 months. The company did not want to discuss its current valuation.Circle CI CEO Jim Rose says with so much uncertainty because of COVID-19 he welcomes not only t salomon acs he money, but the quality of the firms and people involved in the investment. We ;re really excited to get both IVP and Sapphire because they ;ve seen all of it all the way through public and beyond. Given all of the nuttiness over the last few months obviously having cash on the balance sheet is extremely helpful, but the other part, too is that this a time when you want to have more brains around the table, not fewer. And so being able to get people to help out and just think about the pro