Qualcomm gets a piece of Ring connected doorbell investment
What good is a connected fridge if you have to use a boring old analogue doorbell to even get into the house?
That is the question Qualcomm Ventures is piecing together an answer to, via its investment in smart doorbell startup Ring. A consortium that includes multiple other VCs is handing over $109 million of funding in a bid to enter the market at the bottom. They are hoping to show that the sector’s reputation for pointless gimmickry is just a bum rap.
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