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DENVER, Feb. 2, 2023 /PRNewswire/ — KoreLock, an rising IoT Good Lock expertise firm, is happy to announce funding to help the event and growth of its Good Lock expertise and software program platform. Non-public fairness agency Iron Gate Capital and engineering agency Kozo Keikaku Engineering, Inc. have invested within the firm alongside administration.KoreLock serves an unlimited market of lock producers, specialty lock manufacturers, and software program corporations seeking to convert their current offline locks into cloud-connected Good Locks.”KoreLock addresses the market want for OEM Good Lock expertise with wi-fi integration to entry management software program providers,” stated Grant Walter, KoreLock President and CEO. “Conventional lock corporations have tried to develop their very own Good Locks however deserted these efforts missing the capabilities to do it themselves.”KoreLock makes a speciality of embedded printed circuit board options that assist lock producers overcome the complexities of creating linked Good Locks, scale back prices, and shorten their total time-to-market.”KoreLock gives a singular entry management answer for the lock manufacturing {industry} that matches nicely with our deal with early-growth stage B2B expertise corporations,” stated AJ Dye, Accomplice, Iron Gate Capital.KoreLock’s patent-protected expertise is embedded in over 50,000 locking units in 65+ nations and has been examined and confirmed for over a decade.”KoreLock is well-positioned for accelerated development, anchored by partnerships with industry-leading lock manufacturers worldwide,” added Walter. “We’re investing meaningfully to broaden our crew, options, and clients.” About KoreLock KoreLock, Inc. is an IoT expertise firm that gives turnkey embedded Good Lock options that allow producers of door locks or entry management {hardware} to construct and promote linked locking units. Korelock, Inc. is a privately held firm primarily based in Denver, Colorado.About Iron Gate Capital Iron Gate Capital, LLC is a nationally acknowledged deal-by-deal non-public fairness agency investing in market main “early development” expertise corporations on behalf of over 60 households. Iron Gate Capital is predicated in Boulder, Colorado.About Kozo Keikaku Engineering, Inc. (KKE) KKE is an expert design and engineering agency that acts as a bridge between the educational and enterprise worlds. KKE strives to unravel numerous points and challenges that society faces, using its engineering experience acquired by means of data exchanges in numerous fields. KKE is predicated in Tokyo, Japan.SOURCE KoreLock, Inc.
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