Ring (company)

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ring

logo
legal form Incorporated
founding 2012
Seat Santa Monica , California
Number of employees 1,800
Branch Building security
Website ring.com
Status: 2018

Ring , based in Santa Monica , California , is a manufacturer of smart video cameras, doorbells and other diverse smart home technologies. Ring specializes primarily in the field of home security technology.

history

Ring was founded in 2012 by Jamie Siminoff. In September 2013, Jamie Siminoff pitched on Shark Tank with the aim of raising $ 700,000. At the time, Jamie Siminoff estimated the company value at 7 million US dollars.

Ring raised $ 364,000 via crowdfunding, which was far more than the $ 250,000 initially requested. Since then, the company has raised an additional $ 200 million in funding from institutional investors such as B. Kleiner Perkins Caufield Byers, Qualcomm Ventures, Goldman Sachs , DFJ Growth and Richard Branson .

On February 27, 2018, Amazon.com, Inc. announced the complete acquisition of Ring after the market closed. Ring is now a wholly-owned subsidiary of Amazon.com, Inc. Reuters put the takeover price at more than $ 1 billion.

Products

Ring is best known for its intelligent Ring Video Doorbell, which homeowners can use to remotely monitor their front, rear and garage doors. When the doorbell is pressed, the underlying software application begins a VOIP video call with a connected device, such as a phone. B. to produce a smartphone or tablet so that the owner can see visitors and speak to them.

The Ring Video Doorbell was the company's first product. With the Video Doorbell, Video Doorbell 2, Video Doorbell Pro and Video Doorbell Elite, there are now four versions of the intelligent doorbell.

In addition, since the second half of 2017, the company has had two security cameras in its range, the Floodlight Cam and Spotlight Cam, which serve to prevent break-ins.

Individual evidence

  1. ^ Ring, which Amazon just bought for $ 1 billion, which was once rejected by 'Shark Tank'. In: MarketWatch. February 28, 2018, accessed March 3, 2018 .
  2. Ring EU. Retrieved February 28, 2018 .
  3. This guy turned his failure on 'Shark Tank' into a $ 109 million investment from Goldman Sachs . In: Business Insider Germany . ( businessinsider.de [accessed on February 28, 2018]).
  4. ^ Meet Ring, the connected door bell company that just scored Richard Branson as an investor . In: Fortune . ( fortune.com [accessed February 28, 2018]).
  5. ^ Zack Friedman: Shark Tank Reject Raises $ 209 million, Fights Crime . In: Forbes . ( forbes.com [accessed February 28, 2018]).
  6. Amazon takes over Ring - SmartHome Magazin . In: SmartHome Magazin . February 28, 2018 ( smartundhome.de [accessed February 28, 2018]).
  7. Reuters Tech News: JUST IN: Amazon has agreed to acquire http://Ring.com for more than $ 1 billion - source $ AMZNpic.twitter.com / 7o3jAlRvVk. In: @ReutersTech. February 27, 2018, accessed February 28, 2018 .
  8. Video Doorbells. Retrieved February 28, 2018 .
  9. Ring with new products: Video Doorbell 2, Floodlight Cam and Spotlight Cam - SmartHome Magazine . In: SmartHome Magazin . August 22, 2017 ( smartundhome.de [accessed February 28, 2018]).