Amazon purchases smart security camera company Blink

Amazon purchases smart security camera company Blink

Amazon purchases smart security camera company Blink

Notably, Amazon appears to have cut off SmartThings support with its acquisition of Blink.

Blink, based in Andover, Mass., was founded in 2009, according to Crunchbase, but came out of stealth in 2014 with a Kickstarter campaign that raised $1 million-multiple times more than the company was seeking.

Blink on Friday put out word that online retail goliath Amazon has bought the start-up specialising in wireless home security cameras. Financial terms of the acquisition were not disclosed, and Amazon did not reply to an AFP inquiry.

Amazon said in an email statement that "customers love their home security cameras and monitoring systems".

The deal for Blink comes a few weeks after Amazon Web Services revealed DeepLens, a wireless video camera integrated with deep learning hardware and tools. It's also significantly cheaper than many video doorbells on the market, at $99.

Offered to Prime subscribers, Amazon Key uses a connected lock to allow delivery people to leave packages inside when nobody is home. Blink had raised almost $30 million in funding, most recently $3 million in convertible debt this past February, according to VC-research firm PitchBook. Amazon has been widening their range for smart home technology ever since the tech became so relevant in today's society. "We're excited to welcome their team and invent together on behalf of customers". (Blink says, "If you own one of our systems, nothing changes for now", and that it'll continue "selling and supporting" the same products.) But it's easy to see how this will all eventually fit into Amazon's delivery and smart home story.

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