Amazon buys Ukrainian start-up “smart” doorbell

American online retailer Amazon has signed an agreement to purchase the Ukrainian startup Ring. This company is a developer of smart doorbells, recently attracted 160 million dollars of investment when the estimate is close to $ 1 billion.

The total amount of attracted investments exceeded $ 209 million, according to Crunchbase, said

The exact amount of a purchase and sale Ring is not known, but it may reach 1 billion dollars. Write about this GeekWire, Reuters and TechCrunch, citing its own sources.

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The agreement could help Amazon in the fight for market delivery “to the doorstep” and niche smart devices, probably will be integration with smart column Alexa.

In 2016, the company’s sales Ring was about $ 155 million. However, the startup still has not returned to profitability. One of the most famous products of the company – a smart doorbell that has a WiFi connection and the camera so that the user, even when not at home, can monitor visitors at the door and communicate with them.

In the Kyiv office, the company employs 450 people. First Ukrainian it specialists engaged in software development in the field of machine learning, computer vision, data mining and other fields of artificial intelligence for use in products Ring. Now in the Kiev office also has a Department for development of devices and support.

  • investment
  • Amazon
  • Ring

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