What is RemoteLock?
Founded in 2004, RemoteLock operates at the intersection of IoT and enterprise security. Its flagship application, EdgeState, serves as a centralized command center for connected locks, enabling organizations to manage access permissions for employees, guests, and service personnel remotely. This cloud-native approach eliminates the need for localized infrastructure, providing a scalable solution that reduces operational overhead for property managers and enterprise security teams. By abstracting the complexity of hardware integration, RemoteLock has positioned itself as a critical middleware layer in the modern smart building ecosystem, driving efficiency through automated access control.
How much funding has RemoteLock raised?
RemoteLock has raised a total of $25.9M across 4 funding rounds:
Unspecified
$2M
Series A
$5.8M
Debt
$350K
Series B
$17.8M
Unspecified (2014): $2M with participation from Cypress Growth Capital LLC
Series A (2018): $5.8M led by Iron Gate Capital
Debt (2020): $350K supported by PPP
Series B (2022): $17.8M, investors not publicly disclosed
Key Investors in RemoteLock
Cypress Growth Capital LLC
Cypress Growth Capital specializes in providing royalty-based funding, offering flexible and non-dilutive growth capital tailored for emerging companies, particularly in the SaaS and tech-enabled services sectors.
Iron Gate Capital
Iron Gate Capital is a venture capital firm designed by entrepreneurs for entrepreneurs, offering access to a diverse range of opportunities through a deal-by-deal investment model.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for RemoteLock?
With the infusion of recent capital, RemoteLock is well-positioned to accelerate its product roadmap and expand its footprint in the enterprise security market. The strategic focus will likely center on deepening hardware integrations and enhancing the predictive analytics capabilities of the EdgeState platform. As the demand for flexible, remote-managed security solutions continues to rise, the company is expected to leverage its current liquidity to capture additional market share, potentially through targeted geographic expansion or the development of advanced authentication protocols. The firm's transition into a major enterprise-level player suggests a focus on long-term sustainability and the continued optimization of its recurring revenue model.
See full RemoteLock company page
