Boundary secures £1.2m funding

Published: 20 September 2019

An Edinburgh home security firm has landed a seven-figure investment to create jobs and gear up for the launch of its smart alarm system.

Boundary, a venture established by entrepreneurs Robin Knox and Paul Walton, the duo behind intelligent payment system IPOS, has scooped more than £1.2 million to prepare for its product roll-out.

We are always eager to support Scotland’s thriving tech scene and this cash injection will enable us to do just that by creating numerous tech roles in Edinburgh...

Robin Knox, Co-founder and Chief Executive , Boundary

 

The tech firm will use the funds to create jobs in software development, customer support and marketing at its Edinburgh head office, which will soon move to a new base at WeWork.

It will also help to finalise Boundary’s product development, ensuring its smart home alarm system is ready for its official commercial launch in 2020.

Investment raised from this campaign is currently being used to certify Boundary’s product to the British and European standards for intruder alarms. 

It can be integrated with the Philips Hue lighting system, so that lights are switched on automatically if an intruder is detected. The business also offers alternatives to the smartphone or digital controls, such as a traditional alarm code or a key fob...

Full story via Edinburgh Evening News

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