Saturday, June 23, 2012

After Surviving ABC?s ?Shark Tank?, Unikey Technologies Raises $1.1M For Smartphone Door Keys

unikey logoUnikey Technologies, a company made known by ABC's Shark Tank for technology that turns your smartphone into a universal door key, has raised $1.1 million according to an SEC filing. The amount appears to be in addition to a $500,000 equity stake raised from Mark Cuban and Kevin O'Leary earlier this year on the season finale of the program. Once the Unikey locking system is installed in a door, any paired Android, iOS, or BlackBerry device can unlock it. The system is not dependent on an app, but rather the system unlocks the door by simply detecting when the phone is in the immediate vicinity. "As long as I'm in range of the lock, I can control it," said Unikey founder and CEO Phil Dumas on the show.

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