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In November 2013, Ring was founded as Doorbot by Jamie Siminoff. Doorbot was crowdfunded via Christie Street, and raised US$ 364,000, more than the $250,000 requested. [1] [4] [5] Siminoff's team envisioned the product's concept as an "alarm system literally turned inside out" in comparison to other security systems, describing it as a "pre-crime" system. [6]
Valuing Doorbot at $7 million and asking for $700,000 for a 10% stake, Siminoff touted the budding company’s impressive online sales and a strong mission to make neighborhoods safer through ...
The home security company attracted numerous investors after changing its name from Doorbot to Ring. As well as acquiring equity in the company, Shaquille O’Neal became a spokesperson for Ring.
Master Lock is an American company that sells padlocks, combination locks, safes, and related security products.Now a subsidiary of Fortune Brands Innovations, Master Lock Company LLC was formed in 1921 by locksmith-inventor Harry Soref and is headquartered in Oak Creek, Wisconsin.
Diebold Nixdorf is an American multinational financial and retail technology company [4] that specializes in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs and currency processing systems), point-of-sale terminals, physical security products, and software and related services for global financial, retail, and commercial markets. [5]
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