OUTLOCKS

Security Solutions for Outdoor Assets

Industrial Technologies
Active
Mature Yokne'am Illit Founded 2007
Total raised
$3.0M
Last: Series B 2009-02
Stage
Mature
Founded
2007
Headcount
21
HQ
Yokne'am Illit
Sector
Industrial Technologies

About

OUTLOCKS combines highly secure and robust locking units with an advanced management system designed to secure outdoor and in-transit assets. The company's suite of solutions helps companies and governmental agencies cost-effectively deter and prevent break-ins, control user access, and manage keys. OUTLOCKS' locking units are based on the patented Knock Code technology, which transfers encrypted data by mechanical pulses to unlock the lock. As there are no conventional keys, keyholes, or external parts, the locking units are highly resistant to break-ins, vandalism, and harsh weather conditions. To unlock the lock, users enter the code and simply hold the KnockKey against the surface. OUTLOCKS has customers in telecommunications, cash-in-transit, goods-in-transit, utilities, government, and other industries.

Funding history · 1 round · $3.0M total

2009-02
Series B $3.0M

Sectors & technology

Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesOperational Optimization Solutions
Technologies
ComponentsPlatforms & InterfacesSoftware
Target customers
Financial ServicesFinancial InstitutionsBanksEnergy, Utilities & Waste ManagementCommunication ServicesDiversified Telecommunication Services
Business model
B2GB2B

Highlights

1 Patents

Tags

access-controllocking-systembanksencryptionsecuritysafety