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 product ecosystem is designed to enhance home safety and convenience for consumers, integrating advanced technology with user-friendly interfaces. The company's focus on connected home security has positioned it as a key player in a rapidly evolving industry.
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 CRV, Konstantin Othmer, M13, First Round Capital, and Sidekick Fund
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 Upfront Ventures, True Ventures, and American Family Insurance
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
CRV
CRV is a venture capital firm that invests in early-stage tech startups, with a history of backing successful companies like Airtable and DoorDash. They act as committed, long-term partners to founders from inception through IPO.
Upfront Ventures
Upfront Ventures is a Los Angeles-based venture capital firm focusing on technology businesses, including digital media, SaaS, consumer internet, and retail innovation, supporting startups with capital for growth.
True Ventures
True Ventures is a founder-first venture capital firm that provides capital, guidance, and community to early-stage technology and AI companies, aiming to help build enduring businesses.
What's next for Ring?
The recent major strategic investment signifies a pivotal moment for Ring, likely indicating a phase of accelerated scaling and product development. This capital infusion will empower the company to enhance its technological capabilities, expand its market reach, and potentially explore new product lines or service offerings. Given the enterprise-level backing, Ring is poised to further solidify its competitive advantage and continue its trajectory as an innovator in the smart home and security industry.
See full Ring company page
