Orlando,
Fla. --- UniKey
Technologies, Inc., a graduate of the
University of Central Florida Business Incubation Program and a leader in smart
access control, recently received $5 Million in venture capital from existing
investors, including Samsung NEXT,
as well as two additional strategic investors.
Phil
Dumas, founder and CEO of UniKey, said his
company has raised more than $20 million in equity and debt since it started as
an Incubator client. In 2013 UniKey partnered with Kwikset and released the
Kevo, the world’s first smart lock in the residential market. Today, UniKey has
15 customers, spanning 65 countries using their smart lock technology.
UniKey is
now expanding into the commercial IoT¹
industries through recent partnerships with Nortek and Grosvenor. “Companies
want to provide their employees and customers with convenience by using their
phones to access businesses without special keys or cards. Our technology makes
that possible.
”With
customer experience being top-of-mind for every manufacturer, transformative
change in the access control industry is now occurring through UniKey’s smart
lock platform. “We partner with OEMs (Original Equipment Manufacturer) who want
to integrate our technology into their own products,” said Dumas.
Dumas also
said UniKey is looking to expand and add at least five new hires to the team by
year end. Positions will focus on software engineering and development.
The
strategic plan is to move the entire keychain to the phone, in a more
convenient way than a key. Then the goal will be reached. Access to the home,
business and vehicle with a phone, dramatically improving the economics,
mobility, and robustness of wireless access and how we live.
Upon
graduation from the UCF Business Incubator, UniKey relocated a few times and is
now settled in at its new headquarters in downtown Orlando
at 111 W. Jefferson St. Silicon Valley
at 68 Willow Rd. Menlo Park , Calif.
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