smart lock

Denver, United States – KoreLock, an emerging IoT smart lock technology company, has announced funding to support the development and expansion of its smart lock technology and software platform. Private equity firm Iron Gate Capital and engineering firm Kozo Keikaku Engineering, Inc. have invested in the company alongside management.

The connected home has not arrived to our lives as an explosive breakthrough as many analysts from the industry thought it would. Nonetheless, it is already here, among us.

San Francisco-based August Home, Inc., the technology company behind the August smart lock device for home automation and security, has raised US$38 million in Series B funding. This brings the company’s total funding to date to $50 million.