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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]
An alarm monitoring center, central monitoring station (also known as "CMS" or wholesale central station), or alarm receiving center (also known as ARC) [1] is a company that provides services to monitor burglar, fire, and residential alarm systems. The Central Monitoring Station may also provide watchman and supervisory services. "It functions ...
A security alarm is a system designed to detect intrusions, such as unauthorized entry, into a building or other areas, such as a home or school. Security alarms protect against burglary or property damage, as well as against intruders. Examples include personal systems, neighborhood security alerts, car alarms, and prison alarms.
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Some forecasts project the home security market as a whole will be worth $47 billion by 2020, [12] with the DIY home security market worth $1.5 billion. [13] While the market for home security is expanding, especially with cable TV and Internet service providers introducing their own security and home automation products, it is a fragmented ...
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