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Arlo Technologies, Inc. (NYSE: ARLO) is a prominent player in the smart home security market, renowned for delivering innovative security and video monitoring solutions for both residential and commercial settings. The company's extensive range of products includes smart Wi-Fi and LTE-enabled cameras, video doorbells, floodlight cameras, and comprehensive home security systems. Arlo also offers a variety of subscription-based services such as Arlo Secure, Arlo Total Security, and Arlo Safe, all designed to enhance user experience and provide robust security solutions.
Headquartered in San Jose, California, Arlo generates the majority of its revenue from the United States, with additional contributions from markets in Spain, Ireland, and other regions. The company has established itself as a market leader in the smart home IoT category, leveraging deep expertise in product design, wireless connectivity, RF engineering, and cloud infrastructure to deliver a seamless smart home experience.
Recently, Arlo has been recognized as the No. 14 company on the 2024 Newsweek Excellence 1000 Index, marking its commitment to best practices in financial responsibility, stakeholder ratings, and social responsibility. This recognition underscores Arlo's dedication to innovation and its robust ecosystem of award-winning hardware, software, and services.
One of Arlo's notable achievements includes surpassing 3 million paid subscriptions for its AI-powered security services, reflecting the success of its AI and SaaS platform. The company continues to invest in cutting-edge AI capabilities to drive further subscription growth and maintain its leadership position in the market.
Arlo has also renewed its strategic partnership with Verisure, the leading provider of monitored security solutions in Europe. This partnership, extended until 2029, will see Arlo continue to supply Verisure with cloud platform services, AI-powered security services, and innovative products, supporting Verisure's mission to provide top-notch security solutions to its customers across Europe and Latin America.
Arlo's commitment to data privacy and protection is unwavering. The company adheres to industry standards for data protection, ensuring that user information remains private and secure. Arlo does not monetize personal data and provides users with enhanced controls over their data, reinforcing its dedication to user privacy.
Overall, Arlo Technologies, Inc. stands out as a trusted provider of smart security solutions, continually striving to enhance the safety and peace of mind of its users through innovative products and services.