What does UniKey do?
UniKey Technologies, is a pioneer in automated access and interaction technology. it develops passive access control products which include a smart phone apps which enables users to set up touch to open locks. Unikey Technologies powered Kwikset Kevo is the only real touch to open smart lock, which needs no interaction with your phone, which provides a commotion free entry. With this technology users can keep their smart phone in their pockets or purses to keep their hands free. Unikey Technologies serve the mass market by licensing their patent pending technology.
It partners with trusted market leading companies, which includes Kwikset for North American residential applications. They can get to the market swiftly and can scale quickly as they combine the engineering and design capabilities of a start up with retail marketing and experience of manufacturing of a mass market organization.
How much Unikey Technologies was funded?
Unikey Technologies raised $10M in Series A funding on April 15th, 2015 from Haas Portman who invested $5M and other investors include ff Venture Capital, Broadway Angels, Asset Management Ventures (AMV), CBRE Group and Samsung Ventures
$1.1M in Seed funding on June 22, 2012 from ff Venture Capital
$1.5M in Convertible Note on May 8, 2013 from ff Venture Capital
$325k in Convertible Note on July 10, 2014
What is next for Unikey Technologies?
The funding will be used by Unikey Technologies to accelerate its capital efficient smart access licensing strategy for new markets and international markets.
More about Unikey Technologies
Unikey Technologies was founded in April, 2010 by Phil Dumas. It has its headquarters in Winter Park, FL. Unikey’s technology replaces cards keys, codes and passwords by turning the smart phone into a universal and convenient electronic key. This technology affords a secure and intelligent access by simply touching the door lock without ever requiring to remove the phone from your purse, backpack or pocket.