Latch  raises $70 million for Apartment Smart lock system

Forums Startups News (Startup) Latch  raises $70 million for Apartment Smart lock system

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        #News(Startup) [ via IoTForIndiaGroup ]


        Latch’s smart lock system is designed for apartment buildings rather than single family homes, allowing you to open doors with a smartphone, keycard or door code. It also allows residents to create temporary access codes for guests and service providers.

        Speaking of service providers, Latch announced a pilot partnership with UPSearlier this summer that will allow UPS drivers to receive unique credentials for entering buildings to make deliveries.

        Latch was founded five years ago, but stayed in stealth mode until 2016. It previously raised $26 million funding.


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