Ring Raises $61.2M in Series C Funding

ringRing, a Santa Monica, CA-based maker of outdoor home security products, raised $61.2M in Series C funding.

Backers included Kleiner Perkins Caufield & Byers (KPCB) and Sir Richard Branson.

The company intends to use the new funds to expand its line of smart video doorbells and its international presence.

Led by Jamie Siminoff, CEO, Ring offers a line of smart, outdoor security products and has just launched its newest smart security device, RingTM Video Doorbell Pro, a premium, compact Wi-Fi video doorbell, which is currently available for preorder at www.ring.com for $249.
With both the RingTM Video Doorbell and Ring Video Doorbell Pro, users are alerted when the device’s motion sensors detect movement on their property or someone rings the bell. They can then see and speak to whoever is at their door via their mobile device. Plus, with Ring Stick Up Cam, a wire-free outdoor security camera with two-way audio and one-way video, users can monitor and protect their entire property.



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