A security tech specialist has signed contracts with experts who have designed products for Bosch, Ericsson and Flymo to bring its disruptive smart home security alarm to life.
Edinburgh-based product design consultancy i4 Product Design, which has also created products for EPoS tills for Zonal, is working with fellow Scottish capital-based company Boundary to create a user-friendly smart alarm, carrying out the industrial design and engineering design work needed to take the system to the manufacturing stage.
Also among i4PD’s success stories is the recent Indiegogo launch of a client’s wellness device, which went on to secure more than $2 million in funding.
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Andrew Chalmers, project manager at i4PD, said: "The suite will include a control hub complimented by an app to allow remote control of the alarm from their smart phone.
"The user will be able to set or unset the alarm using a key fob as backup."
Glasgow-based IDB will focus on the system architecture and regulatory compliance of Boundary’s product.
Robin Knox, co-founder of Boundary, said: "Both companies are well versed in the application of IoT in products and we believe that the continued rise of connected devices means that the time is right for Boundary’s connected ‘security as a service’ offering."
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Boundary plans the launch of its Kickstarter campaign in early 2019 and aims to sell between 500-1,000 units, raising between £50,000 to £100,000 in investment.
Mr Knox and co-founder, Paul Walton, will also move to generate £2m in investment over the course next year, including an angel round early in the year.
Mr Knox and Mr Walton have a record with start-ups, having successfully exited their previous business, Intelligent Point of Sale, which sold to iZettle, which was then subsequently acquired by PayPal in 2018 for $2.2bn.
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