MyGate has now raised $67.5m altogether, Tencent coming in as a new investor as the household security technology provider prepares to treble headcount.
MyGate, an India-based provider of security technologies for gated communities, has attracted $56m in funding round from investors including internet group Tencent, Times of India reported yesterday.
The round was also backed by venture capital fund Prime Venture Partners, hedge fund manager Tiger Global Management and investment management firm JS Capital.
Founded in 2016, MyGate offers a service that helps keep households in gated communities safe by validating each request to enter the area using a mobile app connected to…