2. ● Startup based in San Francisco.
● Aim to create a smart lock that is accessible, yet secure.
● Founded by:
About august:
august
3. ● Startup based in San Francisco
● First product becomes available in 2014.
● Easily manage the lock to your home
History:
august
4. ● No information on finances available.
● Received $8,000,000 in funding in November, 2013.
● only one product so far: august Smart Lock
Financial:
august
5. ● Innovative and useful product, smart-lock for your home.
● Secure encryption and schedulable access.
Why they’re hot:
august
6. ● Can give access for periods of time or scheduled intervals.
● Very easy to install
● Traditional keys are still able to be used.
About the product:
august
7. ● Goji - more expensive
● Kwikset - similar product
Competition:
august
8. ● New and cool technology that is very
innovative.
● Stepping out into a growing market, people
connecting to their homes.
● Unlike many home automation products,
easy installation.
Secret Sauce:
august
9. ● Success, and a lot of it.
● The market is ripe for the taking… “The internet of things.”
Prediction:
august