The smart lock developer, a graduate of R/GA Accelerator, has now raised $16m in total after closing a series A round led by Lux Capital.
Latch, a US-based smart lock startup backed by advertising agency R/GA, raised $10.5m yesterday in a series A round led by venture capital firm Lux Capital.
The round also included Primary Venture Partners, Corigin Venture Partners, Camber Creek, Expansion Ventures, PCH, Wan Li Zhu who acts as principal at VC firm Fairhaven Capital, and strategic investments from undisclosed real estate funds.
Latch has built a modular smart lock system designed to work on any kind of door, providing access through…