KORELOCK LAUNCHES IOT Clever LOCK Technological innovation Business
Denver-based business enterprise secures Sequence A Funding as a result of partnerships with Iron Gate Capital and Kozo Keikaku Engineering.
DENVER, Feb. 2, 2023 /PRNewswire/ — KoreLock, an rising IoT Clever Lock technologies corporation, is pleased to announce funding to guidance the development and enlargement of its Good Lock engineering and application system. Non-public equity business Iron Gate Cash and engineering business Kozo Keikaku Engineering, Inc. have invested in the organization alongside management.
KoreLock serves a huge market place of lock makers, specialty lock brands, and computer software firms searching to convert their existing offline locks into cloud-linked Sensible Locks.
“KoreLock addresses the sector require for OEM Smart Lock technology with wireless integration to obtain handle software program products and services,” said Grant Walter, KoreLock President and CEO. “Traditional lock businesses have experimented with to acquire their have Clever Locks but abandoned these endeavours lacking the capabilities to do it by themselves.”
KoreLock specializes in embedded printed circuit board methods that help lock producers conquer the complexities of establishing related Good Locks, lower fees, and shorten their general time-to-sector.
“KoreLock provides a special accessibility control answer for the lock production industry that matches perfectly with our focus on early-development stage B2B technology organizations,” explained AJ Dye, Associate, Iron Gate Capital.
KoreLock’s patent-safeguarded engineering is embedded in over 50,000 locking devices in 65+ international locations and has been tested and demonstrated for over a ten years.
“KoreLock is nicely-positioned for accelerated advancement, anchored by partnerships with industry-top lock brand names throughout the world,” included Walter. “We are investing meaningfully to expand our workforce, remedies, and customers.”
About KoreLock
KoreLock, Inc. is an IoT engineering firm that provides turnkey embedded Intelligent Lock solutions that allow suppliers of doorway locks or obtain management hardware to build and offer related locking equipment. Korelock, Inc. is a privately held organization centered in Denver, Colorado.
About Iron Gate Capital
Iron Gate Cash, LLC is a nationally acknowledged deal-by-offer non-public equity business investing in sector top “early advancement” engineering organizations on behalf of above 60 households. Iron Gate Money is based in Boulder, Colorado.
About Kozo Keikaku Engineering, Inc. (KKE)
KKE is a expert structure and engineering company that acts as a bridge in between the academic and business worlds. KKE strives to clear up a variety of challenges and troubles that modern society faces, utilizing its engineering skills acquired by awareness exchanges in various fields. KKE is centered in Tokyo, Japan.
Make contact with: Grant Walter, President and CEO, KoreLock, Inc.
[email protected], 303.681.5785
Supply KoreLock, Inc.
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