China's Smart Door Lock Brand ‘YunDing Network Technology’ Won D Round's Financing, Baidu Led
On December 18th, Baidu announced that it will lead the smart door lock brand Yunding Technology D round of financing. Baidu will also create Yunding Technology through AI technology and intelligent cloud services to create innovative smart home and AIOT (ie "AI+IoT") solutions, and further improve Baidu's smart home ecosystem.
Founded in 2014, Yunding Technology has a variety of smart home security products such as smart door locks, smart doorbells, and smart meters. It owns two brands, Loock and Yunding, targeting the home market and the apartment market. After years of deep cultivation, Yunding Technology has become a leader in the intelligent door lock industry.
The intelligent door lock is an "entrance" level product in the home scene, and has a unique use scene and empowerment expansion space in the smart home ecology. With the advent of the AI era, the smart door lock industry has ushered in an opportunity to further upgrade and innovate, as well as a broader market.
(Source: JJgle.com)