Tag: Jamie Siminoff
Latch launches DPM, acquires The Broadway Company’s property management division
March 28, 2024SSN Staff
BOSTON & ST. LOUIS – Latch, soon to be Door.com, have announced the launch of its property management division, Door Property Management, LLC (DPM), and the acquisition of the property management business of The Broadway Company (TBC).
Latch’s acquisition will enable DPM to collect insights from direct management on a small portfolio of units in the Boston area, the company said. Latch stated that this strategic acquisition represents an opportunity for them to operate the entire property...
Latch unveils new campaign, ‘Don’t Die, Get NOI’
February 14, 2024SSN Staff
ST. LOUIS – Latch, Inc., soon to be rebranded to Door.com, has unveiled a new marketing campaign: “Don’t Die, Get NOI.”
As part of the campaign, Latch has launched a suite of new, affordable smart sensors and IoT products for apartment buildings to enable facilities managers to monitor their buildings from the Latch Manager app. All of the sensors work alongside the current suite of Latch locks and access control solutions.
“Our vision is to deliver affordable...
Latch announces 48,000-square-foot HQ, new jobs in St. Louis
September 18, 2023SSN Staff
ST. LOUIS – Latch, which will soon be known as Door.com, announced that it’s moving its headquarters from New York City to St. Louis.
The new HQ will be located at 1220 N. Price Road in the Olivette community, and features both warehouse and office space, bringing all inventory and select core business functions together under one roof. The company believes this streamlining of activities in St. Louis will enable better support to its customers and will continue to drive more operational...
Latch announces first installation with Marks USA locks
May 30, 2023SSN Staff
NEW YORK & SOUTH ORANGE, N.J. – SaaS platform Latch has announced the completion of its first installation of Marks USA's ArchiTech Series Networx Locks at Meridia Living’s Meridia Village Commons in New Jersey.
Powered by Latch, these locks were installed at the Meridia Village Commons in South Orange, N.J. Latch stated that residents in the 106 units of the recent construction will benefit from their smart access technology and features like flexible unlock methods, and...
An Honest Day’s Work for an Honest Day’s Pay
May 17, 2023Ken Showers, Managing Editor
I’d say mark it on the calendar, but you’ll find I’m wrong more often than not when it comes to predicting corporate news and my earlier predictions about Latch were wrong, at least for now.
Most of the time when I hear about Latch, Inc. the news is bad, dire even. First layoffs, then lawsuits, a delisting notification from NASDAQ. Really, I didn’t feel like I was too out of line suggesting a buyout was in Latch’s future. But I can still be surprised, because Latch...
Latch acquiring HDW, Ring founder’s latest company
May 16, 2023SSN Staff
NEW YORK & LOS ANGELES – Latch, Inc. announced that it has entered into a definitive agreement to acquire Honest Day's Work (HDW), the latest company from Ring founder Jamie Siminoff.
HDW is a platform that allows users to easily manage clients and schedule work for residential service providers like housekeepers, dog walkers, and drivers, letting them operate more efficiently, profitably, and independently. This acquisition will integrate both company’s teams, resources,...
Ring seemingly hit by ransomware group
March 14, 2023Ken Showers, Managing Editor
SANTA MONICA, Calif. – Ransomware gang ALPHV has claimed to have breached Ring LLC and is threatening the release of its data.
News began making the rounds on March 13 that the video doorbell and security camera company had been breached by the group who left the message, “There’s always the option to let us leak your data.” In response Ring has denied the breach to various news outlets, stating instead the victim was a third-party vendor, however reporting by Joseph...
Siminoff stepping down at Ring, to be replaced by Hamren
March 2, 2023SSN Staff
SANTA MONICA, Calif. – Only five years after its acquisition by Amazon for $1 billion, Ring CEO Jamie Siminoff is stepping down.
In a blog post on Ring’s website the CEO discussed his departure which will take place on March 22. Siminoff founded the company in 2013 as Doorbot. The company was crowdfunded and raised an initial $364,000, more than the requested amount of $250,000. In describing his decision to step down from the role Siminoff said that, “Invention is my true passion....
Ring partners with Home Depot, unveils solutions for alarm pros
September 29, 2021SSN Staff
HAWTHORNE, Calif.—Ring announced an exclusive partnership to help support alarm professionals as well as several new home security devices, features and services recently, from robotics to connectivity to computer vision.
Ring’s exclusive collaboration with The Home Depot uses custom Ring home security products and services to provide builders with an affordable, customizable solution to protect job sites big and small.
“We’ve seen how effective Ring devices can be in...
Ring launches 'Ring Protect' home security system
October 6, 2017SSN Staff
SANTA MONICA, Calif.—Ring announced Ring Protect earlier this week, a comprehensive DIY home security system that works with Ring's doorbells and cams.“At Ring, everything we make is designed to establish and enhance a Ring of Security around homes and neighborhoods,” Jamie Siminoff, chief inventor and founder of Ring, said in the announcement. “Ring Protect provides an incredibly effective level of security when compared to traditional, expensive systems, yet comes at a fraction...