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LockState Secures $5.8 Million In Series A Round Of Funding

LockState Secures $5.8 Million In Series A Round Of Funding
Credit: remotelock.com

LockState, the parent company of the RemoteLock cloud platform for smart locks, raised $5.8 million in a Series A round of funding led by Iron Gate Capital in Boulder and joined by Kozo Keikaku Engineering Inc. (KKE) in Japan, Nelnet, and Service Provider Capital.

RemoteLock strives to enable users to manage any type of Internet-enabled lock from a single centralized dashboard. The platform offers a suite of products for remote access control of different types of connected locks for main entryways, internal units, elevators, parking garages, and pool gates, including apps used by managers of vacation rental properties, retail stores, commercial space, and apartments. Through integrations with Airbnb, HomeAway, and other listing partners, RemoteLock apps are designed to automate guest access when bookings are confirmed.