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.