In brief: Igloohome ‘smart padlock’ reaches 210 percent of funding target in 3 days

Igloohome [on October 9] introduced its Smart Padlock, a versatile, remotely managed security solution that provides owners with convenient access control to their properties and assets. Featuring an innovative PIN code technology that allows owners to grant remote access without users needing to download an app, the Igloohome Smart Padlock is the perfect security tool for granting time-sensitive access.

The Indiegogo campaign, which has a funding goal of US$50,000, features limited early bird specials of US$69 (37 percent off the retail price), and several other rewards for backers to choose from.

Source: Igloohome

The Singaporean startup launched a crowdfunding campaign for the device on October 9. As of today, it has secured US$105,474 in committed funds – 210 percent of its original target.

The Smart Padlock can be unlocked by time-sensitive PIN codes – which can be sent by text, email, or online messenger platforms – or Bluetooth keys.