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30 January 2017

Big Deal: Ring announces $109m round

The success of the smart doorbell producer, which is backed by Qualcomm, JF Shea and American Family, indicates the potential for internet-of-things startups in the home sphere.

Author: Robert Lavine, News Editor

The $109m financing round closed by US-based smart doorbell producer Ring last week shows the potential for growth in the startup space as the internet of things increasingly penetrates the domestic sphere.