16.04.15

UniKey Secures $10M in Series A Funding

UniKey has secured $10M in an oversubscribed Series A round from investors: Asset Management Ventures, AXCIT, Broadway Angels, CBRE, ff V...

UniKey has secured $10M in an oversubscribed Series A round from investors: Asset Management Ventures, AXCIT, Broadway Angels, CBRE, ff Venture Capital, Samsung, Haas Portman, Oriza Ventures and other prominent global investors. The investment, it is said, will accelerate UniKey's capital efficient smart access licensing strategy for new markets and international regions. UniKey licenses its technology to global manufacturers, bringing its partners increased smart access functionality to any lock in their portfolio. According to UniKey, this model allows the company to remain lean on overhead and focused on building the best product with next-generation research and development, without the burden of manufacturing hardware or the distractions of building new channels from scratch in each market and geography. UniKey recently announced integration for the Kwikset Kevo powered by UniKey with the Nest Learning Thermostat through the Works with Nest program to enable personalisation of thermostat preferences. Samsung KNOX also recently chose UniKey as a partner. www.unikey.com