Security

Digital Locking Startups Gain Partners & Investment from Leading Access Control Players

This article was written by Daphne Tomlinson, Independent Senior Research Associate at Memoori Over the past three years, acquisitions, investments and partnerships in keyless electronic locking startups have reinforced the growth of the digital locking segment in electronic access control solutions for both residential and non-residential buildings. Over the same timeframe, the major security solution providers have faced competitive pressure from a wave of smart building startups, and in response to the potential disruption, have increased their investments in innovation through a variety of ways including acquisitions, in-house R&D, early stage incubator programs, strategic partnerships and startup funding. In June 2018, Doordeck and Stanley Security UK announced a partnership, bringing the technology behind Doordeck’s smart keyless access platform to Stanley Security’s hardware lineup. Doordeck is a London-based startup designing smarter access control for commercial spaces. Founded in 2015, the company raised seed funding of £180,000 in Feb 2018. Stanley OneDoor, a cloud-based security platform that […]

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