RemoteLock, a Denver, CO-based leader in universal access control, announced that it raised a $17.8 million Series B funding round ($14.8M closed in December 2021 and an additional $3.0M closing Q1 2022).
The round was led by UnitLeader, joined by current investors Kozo Keikaku Engineering, Inc. (KKE) and Iron Gate Capital.
RemoteLock plans to use the funding to accelerate growth, support the ever-growing number of end-user customers and integrated software partners, and expand its library of offerings.
In conjunction with the financing, Dana Zeff, CEO of UnitLeader, will join RemoteLock’s board of directors, bringing over 35 years of multifamily market expertise.
Company: LockState, Inc., dba RemoteLock
Raised: $17.8M
Round: Series B
Funding Month: January 2022
Lead Investors: UnitLeader
Additional Investors: Kozo Keikaku Engineering, Inc. (KKE) and Iron Gate Capital
Company Website: https://www.remotelock.com/
Software Category: Access control platform
About the Company: RemoteLock is the first access control platform that is both hardware and software agnostic, launched the world’s first universal access platform—cloud-based software that empowers customers in the multifamily, vacation rental, commercial and other industries to remotely manage and control access to any space from anywhere. RemoteLock sets the standard in universal access control with its easy-to-use, scalable, and future-proof software platform. It provides users the ultimate in flexibility and control—so they can easily grant any person access to any space, from anywhere. RemoteLock manages the greatest diversity of smart locks and wired access control devices from leading manufacturers and can easily integrate with other essential business software. RemoteLock is committed to being the last access management partner our customers will need. Headquartered in Denver, CO, RemoteLock has customers in over 65 countries.
Source: https://www.remotelock.com/news/remotelock-announces-series-b-funding?utm_campaign=Press%20Release&utm_content=194370137&utm_medium=social&utm_source=twitter&hss_channel=tw-929964649