Shark Tank Security Startup (UniKey)

Author: Brian Rhodes, Published on Aug 30, 2013

A startup featured on the US Shark Tank TV show, UniKey, is trying to disrupt residential access control. Now, they are partnering with one of the biggest incumbents in the space "Kevo" to bring it to market. Is the product ready to dominate the market, leaving competitor startups behind in the dust? We examine the details, pro and cons compared to traditional locks as well as smart locks such as Lockitron, Goji and the Yale Z-Wave Deadbolt.

Backstory

************ ********* **** **** ** ****** ***, **** *** ******* founder ******** ** *** ** **** '***** ****', * ****** **** ******* *********** ******* ******* ******* **** a **** ** *********, ***** *********. *** *******: ** ** individual '*****' *** ****, ** ******** ****** ******* ******* *** a ***** ** *********** ********. ***** ****** ************ **** *** concept *** ******* ********* ******* *******,* ****** ********* ***** *** ******.

*******,*** ******** **** ******* ****** ******* ******* ******* **** '** **' *** *** *** ****. **** *** ********** *******, ****** landed ** ********* *************** ******** ***** *******, *** ** ************* *** ************ *** ****** ******* ** part ** *** '********' *********.

Product ********

**** ** * ************ **** ***** ** ********** *** ** ******* *** *****, instead ***** ** ****** *** ***** ********. *** ***** ***** below ***** *** *******:

****** ***** '***** *****' ****** *****, **** ** *** ********* via **** ***-****. *** ******** ** ********** *******, ******* ******* ** *** close ********* *********** *.* (***)** ************ *****. **** *********** ***** *** ******** * ******* range ** *** ****, ******* ******** ******* **** *** **** itself ** ******** ** ******* ** ***** *** ****.

*** *** ** ******** ** ** ******, ******** ** ************** token. ******* ** ***'* ************* *** * *** *********, ** can ****** ******* ******** ** **** ******* *****, *** *** company ****** '*** ** *** **** **** ** **** **** phone *** ** **** *****' ** **** ** ****:

**** *******

*** ******* *******:

  • **** *********: *** **** ****** ** ****** ***** **** ** the **** *** *** ********, ** * **** **** *** inadvertently '******' * **** *** ******* ******** *******.
  • ****** ****: ******* ** **** *** ******* ********* *.* (***), so *********** ** *** ** *** *******.
  • ******* *******: *** **** ** ******* ** * **** ** 4 ** ***** *********, ***** *** ******* ****** ******** ***** a **** ** ***.
  • **********/******: **** *** *** ** *** ******, * ****** **** can ****** **** ** ***** ****** *****, *** * ******** when **** *** *****, *** ******* ************* (** *** ** phone *****) **** *** **** ** ******.
  • ****** *******: *** ***** ******* ** ******, **** ****** * standalone ******* *** *** * *** ** ********** **** ****
  • ****: ******* ** ******* **** *** ~$*** *** **** ** 'big ***' **** *********** *********, ******* *** ******* ** ********* for *** **** ***** **** ****** *********. ********** *** **** cost ~$** *** ********** ****** **** **** same '*** ***' *********.

****

*** **** ** ********* **** ****** ** *** ***** *** substantial, *********:

  • ******* ***********: ** ****** * *******, ** **** *** ** *** ** *** technical **********. ****** ** **** ** ******* ******* *** *** manufacturing *** ************ ********* ** **** ***** *********** ********* **** trouble. ** ***** ** ******* *******, ********* *******, *** ***** recognition, **** **** *** **** ** ******** ****** ******** ** its ******** - ** ****** *** ******** **** ******* ******* has ** *****.
  • *** **********: ******* '*****' ******* *** ****'* ***, **** ****** definable **** ****** ***** *** ******.
  • ******: **** **** *** **** *******, * *****'* *** ** used ** * '*****' ** ****** **** ****** ** ******* through *** ****, *** ** ****.
  • ********: ******* ***** ** ******** *** ********, *** **** *** be ********* *** **** ** ***** *** ********'* ***** *****, ** existing **** *** '***-****' ***** *** ** **** ** *** Kevo ****.

****

*******, ******* ***** **********, **** *** **** ************:

  • **** **** *** & '******** ********' **: ** ***** ** work, ******* **** **** **** ** ***** ******* ****** **, and **** *** ********* ******* ****, *********** ******** ***** ** time **** * ****** ******* *******.
  • ** ****** *************:****** ******* '***** *****', ***** ** ** *** ** ******** **** ** ****** the ****. *** **** **** ********** ** ****** ***** *** touch *** **** ** ******* ****** ****.
  • *** *******: ***** *** ******** ******* *** ****, **** ********* end ***** ***** ** ****** ***-***** ** ******* ** ******* their *** ****, *** ** *** **** ****** ** *** of ********* ** ******, ** *** ******* ****** ****** '***' to *******.

Comparing ***** **** *****

********, *** **** ** ** ** ******* **** **** *****, and ***** *** * ****** ** ********* ******* ** ******* stages ** ***********:

  • *********: ***** *** ****** ** ******** ********** *** **** ********* than **** ** $***, *** ******* *** ****** ******* *********** and ********** **********,*** ** *** *** ********. ***** **** ****** ** **** start ******** ***-****** **** *****, ********* ******** ****** ***** **** back ** **** ****/***** ****** ** ****.
  • ****: ***********, '****' ** *** ******* **** ** **** ********, with ** ********** ****** *** **** *** ******* **** ** the ****, *** ** **** ***** *** ****, **** ***-****** costing $***, *** ****-******* ****** ****** ******. **** **** ****** the **** '*******' ***** ****** ** ****, *** ** ****** and **** **** ******* ********* **** *** *************. *******, **** many ** ***** *** ********, *** ******** **** *** **** pushed **** ******* *****. *** **** ****** ********* **** **** for **** ** ********* ********* ****
  • **** *-**** ********: ******, *** ** *** **** '***** *****' ******** ******** at ******* ** ****'* ~$*** *-**** ********. ****** *** ***** 'smart ****' ********, * *-**** ****** ******** ********** ********** ********* and ********, ******* * *** ** ******** ***** *****. ***** other ******** ***** ****** ************* **** * **** *** ** web ******, ****** ** ****'* ******** ** ********* ******* * subscription ***** ******* ********* ******* *.*

Comments (12)

***** *** ****** ******* ***** *** ******, **'** **** ************ using ******* *-**** **** *** ** **** **** ***. ** chose ******* **** ******* *-**** **** **** ******* ** *** 10 **** ******* **** *, ********** * ******* *********. ** were ********** **** **** *-**** ********* ** *** **** ** our *********. *** **** ***** *******, *******, *** **** *-**** offerings ****** **********.

**** *** ******** ***** *** ******. ******** ******** *****, *** older ******* *-**** ******* **** ****** ******* ** ***** ****** airflow **** ******* ** ******. ***** *** ******** **********, ****** the ****** **'** ******** *********** ************ ****** *** ***** ** the ******** ***-*********** **** ** *** ****. *** **** ********** effect (** ***) *** **** ** **** ************* ******* ******* life.

****'* *********** ********! ** ******* ***** ** **** *****?

* ***'* ****. **'* **** * ***** ***** **** ************ that ***** ******* ** ***** ** *** *******. * ***** I ********* *** ***** ******* ** ** ******** ****, ** haven't *** ***** ** *** ***** ******* ************** ** ******** condensation **** *******-**-****** *******.

** ***'** ******* ******** "***** ** ****** ****** *** *** devices ** ******** ***** ****** ********," * **** **** ***** be *****, *** * **** * *** ****** ********** ***** this ****** ... :)

***** * ********* ****** **** **** * **** ******* ***** in ** ******, * ******** *** ********* ** **** *******. I *** **** *** ** ***...

**** *** ****** **** ***** **** **** **** *** ******* after * **** ******. ****** *** ****** ********. *** ** sitting ** ******* ** *** **** ** *** **** ****** on *** **** ** *** ***** ******* ** ***** * charge ********** *** ** ****** *** ***** *** ** *** it ** *** ***** **** ** *** **.

**** ** ** *********** *****, *** *** **** **** ** these '***** ***** ***' ******* *** ******.

******* ******** *** ******* ** *********** ***** ** ***** '******' mechanical **** ** *** ***** *** **** ** *****. ***********: throw * *** ***** *** ******* ***.

**** ***, ***** ** ***** ****** ******* *** ********** ***, suffers **** *** **** ********. *** ********** ******* *** *** BLE (**** **** ****) ** **** *** *** ** ********* powered ** * **** ***** ******, ** **** ** *** phone *** ****, *** **** ***** ***** ** **** ** the ******.

*******, *** ****** **** *** ****** **************. *** *******, ***'* workflows ** ***** *** *** **** *** ****** ******* *** phone *** * ***** ****** ***** ** ********* *** ******* chip. ******: ** *****, ** ******.

***** *****: **** ****** ********** ***** ***** ****'* ***** **** just ***.

** ** ****, **** ** ********** ****** *******, ********** ***** locks *****'* **** **** ****. *** ***** *** ******* ******* fail *** **** ***** *********. ** *'* **** **** ******** a ***. * **** ***'* **** ** ****** **** ** use **.

****** ***** ****

*** *** ****** **** *********?

** **** ******* ** *** ** *** ******* **** ****** his/her ******* ******* ** ***** *** ** *** ******** (****** 150' *********)..***** ** ******** ****** **** ** ***** *** **** housing ** **** ******? *** "**** *********" ***** ** ********** because *** ****** ***** ** ** *** ******** "****".

****'* * **** ********, *** *** ***** * **** ***** be **********. *** ********* ***** ** *** ** ~*****, *** the **** ****** *** **** * **** ********* *******, ********* in * ****** ********** *****.

*** '*****' ******* ** ******* *** *** **** *** *****, as ****'** **** **** ******* ** *** '*** ****' *******. A **** ***** ** ************ ** ********* **** ****!

**** ** ** *** ***** **** ** ****** ***** ***, btw.

**'* ***** ** ** ************ ******** *****! *** *********, **** **** ********* ** ****** is ****** ******* ********.

*****, ****!!

** ** ****** ************* ** **** ****** **** ****, ** the ***** ******-** **** **** ********* *** ** ******* *** is ********** ** ********. *** *******, ** * ** ** a ******** ***** **** ** *** ********** **** *** ** wife, * *** *** *** ********. **** ** * ** to ***** ******** ********. **** ** ** ********.

* ****** *** ****** ** ** **** *** **** ** would ****** *** ** **** **** *** **** ** ******. If * **** ** *** ******, **'* *** ******** *** bicycle *****.

***

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Allegion NDE Wireless Lock Examined on Sep 29, 2016
While wireless locks are one of the hottest areas of access control, two of its biggest challenges are high cost and limited integration with...
Access Door Controller Configuration Guide on Sep 27, 2016
Properly configuring access control door controllers is key to a professional system. These devices have fundamental settings that must be...
Door Fundamentals For Electronic Access Control on Sep 20, 2016
Assuming every door can be secured with either a maglock or an electric strike can be a painful assumption in the field. While those items can be...
Ex-Microsoft Exec Surveillance Startup Nepoware on Sep 02, 2016
Former Microsoft executive Richard Ang says he wanted to build an IoT device, and so he has spent 3 years developing what he says is a more...
Hotel Access Control Explained on Aug 17, 2016
Hotel access control seems to work magically. Unlike electronic access control systems used in commercial security, doors in hotels are not...
You Can Invest In The Silicon Valley Robot Mini-IPO on Aug 16, 2016
Do you want own a part of the robot future? Now, you can. After gaining international fame with their robot runs over child debacle, Knightscope...
Silicon Valley Startup Launches People Counting As A Service on Aug 09, 2016
A Silicon Valley startup says their people counting sensor is so accurate it's free, just pay for the data. They recently raised $4M from a top VC...
Ex-HID CEO Joins Feenics Cloud Access Startup on Aug 03, 2016
The CEO of access control's most well known manufacturer, HID, exited just over a year ago. Since that time, Denis Hébert has stayed active as the...
IPVM Inspires PSIM-Challenger Startup on Jun 28, 2016
An IPVM member asked about Agora Systems in a discussion, a company we knew little about, prompting us to reach out to answer our member's...
Top VC Backs Video Analytics Baby Monitor (Nanit) on Jun 21, 2016
One of the most well respected Venture Capitalists has not only invested in a video analytics developer but has given a ringing endorsement to the...

Most Recent Industry Reports

Camera Calculator Class and IPVM Member Orientation October 2016 on Sep 28, 2016
Members, learn how to better design video surveillance systems and get the most out of your IPVM memberships with 2 upcoming live classes. Both...
Axis 4MP Camera Tested (M3046-V) on Sep 28, 2016
Axis has brought 4MP to its camera line in the new M3046-V, the highest resolution model in their revamped M30 series. We bought and tested this...
Hiring Spree At Aimetis 6 Months After Being Acquired on Sep 28, 2016
Aimetis was acquired in April 2016, and is now expanding almost all of their departments, hiring employees from Axis and other industry...
Camio Natural Language Processing Tested on Sep 27, 2016
The ex-Googler led team from Camio has advanced its video monitoring offering to include natural language processing. Camio ingests video,...
Access Door Controller Configuration Guide on Sep 27, 2016
Properly configuring access control door controllers is key to a professional system. These devices have fundamental settings that must be...
Hacked Dahua Cameras Drive Massive Cyber Attack on Sep 27, 2016
Cyber attacks are accelerating and IP cameras are behind many of them. Worse, last week, a 'massive' attack was carried out using numerous Dahua...
Axis Secretly Paid Anixter Sales People To Push Axis NVRs on Sep 26, 2016
Internal Axis communication shows how Axis paid Anixter and Tri-Ed sales people with secret bonuses to push Axis NVRs. In this report, we examine...
VLANs for Video Surveillance Tutorial on Sep 26, 2016
Many people confidently say to 'use VLANs' as an answer to IP video networking problems and as a way to signal expertise. But how should VLANs be...
Ambarella CEO Admits H.265 and 4K Not Popular on Sep 26, 2016
Ambarella is the main chip provider for high-end surveillance cameras driving higher resolution and new CODECs. While Ambarella has been pushing...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact