AccessGrid has raised $4.4 million in new funding. The company develops technology to replace physical key fobs with smartphones.
Its platform turns a mobile phone into a secure digital key. This allows users to unlock doors and access buildings with their device. The system provides a modern alternative to traditional key cards. AccessGrid's software integrates directly with existing building security hardware. This approach helps property managers avoid expensive new installations and upgrades. The company focuses on commercial real estate and large residential properties.
It offers administrators a central dashboard to grant or revoke access instantly. This improves security and simplifies credential management.
The new capital will help expand the company's engineering and sales teams. AccessGrid plans to use the funds to accelerate its market growth.
