Nest, a startup that makes a "smart thermostat" and an equally intelligent smoke detector, is now hotter than ever with a $2 billion valuation, according to a report.
The figure is based on a $150 million round of funding led by DST Global, according to a report in Re/code. The report states that the valuation could be as high as $3 billion. Nest's last reported valuation figure was $800 million, which was based on an $80 million funding round last January.
