It’s been nearly a year since Nest, makers of the coolest thermostat on the market, were sued by industry stalwart Honeywell, but that hasn’t stopped the company from finding success. According to a report from GigaOm, Nest is now shipping 40,000 to 50,000 Learning Thermostats every month — and if Nest continues growing at this rate, it would be selling around one million thermostats per year. That’s pretty impressive for a product that’s a bit of a luxury — most houses probably don’t have $250 thermostats, after all. It’s worth noting that this is shipments, not sales, but GigaOm’s source says that they track closely.
Nest reportedly shipping over 40,000 Learning Thermostats every month


While the lawsuit was a bit of bad news for the company, there are also a lot of reasons for Nest’s good fortune. Last year the Learning Thermostat became available in Apple’s online store as well as in Canada, a software update expanded its functionality, and a slimmed-down new model hit store shelves. Perhaps thanks to all this good fortune, GigaOm is also reporting that the company has received another $80 million in funding after the company received a post-money valuation of $800 million. We reached out to Nest, but unfortunately the company was unable to confirm or deny both the funding news and the monthly sales figures.
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