Locks and Security News: your weekly locks and security industry newsletter
14th October 2020 Issue no. 529
Your industry news - first
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August Home raises another $25 million as it expands service partnerships for its smart locks
When August Home raised its last big round nearly two and half years ago, the smart lock maker was targeting retail expansion.
That's still part of the plan for the company's new $25 million Series C, but the real story of this latest round is increasing focus on its partnership program, August Access.
The service has already made some headway in the rental market, counting Airbnb and vacation rental site HomeAway among its major partners. The smart lock makes a lot of sense for those offerings, giving home owners and landlords the ability to generate temporary access codes remotely, for short stays.
6th September 2017