Unikey Technologies announced it has secured a new round of financing. Four investors contributed to the round, including ff Venture Capital, Asset Management Ventures, and Samsung Ventures.
Founded in 2010 by Phil Dumas, UniKey Technologies offers a mobile platform to replace keys, codes, and passwords by turning a smartphone into a universal electronic key. It develops and offers a “touch-to-open” technology, through which a smartphone can stay in a pocket or purse to keep hands free. It delivers patent-pending intelligence that detects whether an authorized user is inside or outside of the home or building before granting access to help prevent unauthorized entry, and it provides multiple levels of security.
The company also partners with lock manufactures, including Kwikset and Weiser, to create smart locks such as Kevo. Its cloud-based lock management solution enables multi-family properties to manage individual locks for each unit. It brings leading smart lock and access control technology to address the needs of small and large commercial businesses.
According to the company, Unikey plans to support its expansion by adding additional software engineers to its team.