What good is a connected fridge if you have to use a boring old analogue doorbell to even get into the house?

Scott Bicheno

January 25, 2017

1 Min Read
Qualcomm gets a piece of Ring connected doorbell investment

What good is a connected fridge if you have to use a boring old analogue doorbell to even get into the house?

That is the question Qualcomm Ventures is piecing together an answer to, via its investment in smart doorbell startup Ring. A consortium that includes multiple other VCs is handing over $109 million of funding in a bid to enter the market at the bottom. They are hoping to show that the sector’s reputation for pointless gimmickry is just a bum rap.

The latest smart home breakthrough pioneered by Ring is a doorbell attached to an internet connected camera that can allow you to spy remotely on anyone who has the temerity to ring your bell and even shout threats and abuse at them from the comfort of your own phone, if that’s your thing. One of its products is called Stick Up Cam, which Ring insists you can ‘mount anywhere’.

“We are thrilled to partner with Jamie Siminoff and the team at Ring to help make homes and neighbourhoods safer,” said Randy Glein, partner at DFJ Growth, one of the investors. “Ring has quickly emerged as the market leader with its new generation of connected home products that incorporate elegant design and advanced video processing technologies to enable simple and affordable home monitoring. The company is experiencing explosive growth as communities embrace Ring as their digital neighbourhood watch. We are proud to be part of this mission.”

This fresh injection of cash will apparently be pumped into Ring’s international expansion.

About the Author(s)

Scott Bicheno

As the Editorial Director of Telecoms.com, Scott oversees all editorial activity on the site and also manages the Telecoms.com Intelligence arm, which focuses on analysis and bespoke content.
Scott has been covering the mobile phone and broader technology industries for over ten years. Prior to Telecoms.com Scott was the primary smartphone specialist at industry analyst Strategy Analytics’. Before that Scott was a technology journalist, covering the PC and telecoms sectors from a business perspective.
Follow him @scottbicheno

You May Also Like