AGL have just Invested 10million USD in San Francisco based Smart Home Company August Homes. The $10 million investment is “part of a broader innovation strategy, allowing insight and access to new connected home technology."
The latest funding takes the total raised by August Home to $75 million. The funding will be used by the San Francisco-based company to expand operations and extend its Home Access Products and Services. August Homes most popular product is the August Smart Lock, which allows users lock and unlock their door remotely, create virtual keys for guests and keep track of who comes and goes with an app-based activity log. August Home has forged partnerships with Airbnb, Amazon, Apple, Google and Nest and claims to have the best-selling smart lock.
We at About Automation Are VERY Excited to see what this Investment will child, either from AGL or August Homes. We hope it will bring new tech Australia’s way. Thank AGL for having the future in mind.