What is Ring?
Founded in 2013 and headquartered in Santa Monica, California, Ring has established itself as a leader in the home security market. The company specializes in a range of smart home devices, including video doorbells, surveillance cameras, and smart lighting solutions. Ring's integrated ecosystem provides consumers with comprehensive security and convenience features, leveraging technology to enhance home safety and connectivity. The company's product suite is designed to be user-friendly and accessible, contributing to its widespread adoption.
How much funding has Ring raised?
Ring has raised a total of $206.2M across 6 funding rounds:
Other Financing Round
$1M
Series A
$4.5M
Debt
$2.5M
Series B
$28M
Series C
$61.2M
Series D
$109M
Other Financing Round (2013): $1M with participation from First Round Capital, Konstantin Othmer, M13, Sidekick Fund, and CRV
Series A (2014): $4.5M led by Upfront Ventures, True Ventures, and First Round Capital
Debt (2014): $2.5M, investors not publicly disclosed
Series B (2015): $28M featuring American Family Insurance, True Ventures, and Upfront Ventures
Series C (2016): $61.2M backed by Kleiner Perkins Caufield & Byers
Series D (2017): $109M with participation from True Ventures, Draper Associates, Qualcomm Ventures, and Shea Ventures
Key Investors in Ring
First Round Capital
First Round Capital is a venture capital firm that invests in innovative startups across various sectors, focusing on supporting entrepreneurs and driving growth through strategic partnerships and capital.
CRV
CRV is a venture capital firm specializing in early-stage tech startups, providing capital and partnership from founding to IPO to help build enduring companies.
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, offering capital and guidance to build technology and AI-driven companies.
What's next for Ring?
The recent major strategic investment in Ring signals a strong confidence from its backers in the company's future trajectory. With significant capital infusion, Ring is poised to accelerate its research and development efforts, potentially exploring new product categories or enhancing existing ones with advanced AI and connectivity features. This strategic backing is likely to fuel Ring's expansion into new geographic markets and strengthen its competitive edge against rivals in the rapidly evolving smart home industry. The company's focus on innovation and user experience will be critical in capitalizing on this latest round of financing.
See full Ring company page
