LockState

LockState Secures $5.8 Million In Series A Round Of Funding

Posted by Jay Bartlett May 23, 2018 5:06 am Categories: Access Control, Corporate News. Tags: Iron Gate Capital, Kozo Keikaku Engineering Inc., LockState, Nelnet, RemoteLock.

LockState, the parent company of RemoteLock cloud platform for smart locks, announced it raised $5.8 million in a Series A round of funding, led by Iron Gate Capital in Boulder and joined by Kozo Keikaku Engineering Inc. (KKE) in Japan, Nelnet, and Service Provider Capital. RemoteLock is the leading cloud-based smart lock platform enabling users to manage any type of internet-enabled lock from a single centralized dashboard.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.