PRM / Bitwards’ plans for international market expansion boosted by an investor fundraising with a 1.3 million euro

    Pressemeddelelse fra Bitwards Oy

    Bitwards creates secure, smart key technology and has developed an open platform to support users’ changing needs regarding properties and spaces. The technology converts phones into smart keys that allow access everywhere. The platform and the growing number of partners let property owners and tenants use their spaces flexibly and efficiently, thus increasing business opportunities and usage of the premises.

    Bitwards’ partners are expert lock manufacturers, security integrators, resellers, and IT companies providing digital services to properties.

    Open technology enables compatibility among different systems and a standardized procedure to turn phones into keys anywhere. It’s available to all security technology companies globally, as the solution is scalable and works with any locking system. The key itself is in the phone, which is standard already.

    ‘Manufacturers have so far created their own closed solutions, which has created compatibility issues and limited a customer-oriented approach. The open platform is the only way to implement compatibility and create a global standardized access solution’, explains Bitwards’ CEO Eljas Saastamoinen.

    One of the company’s main goals since its founding in 2016 was to find fast and effortless solutions to all locking-related issues, independently from place and time.

    ‘Our technology is similar to security solutions used with mobile pay, and its roots are, among others, firmly in the Nokia research department’, says Mr Saastamoinen. ‘We will use the new investments mainly in global marketing and promoting sales of our distribution channels’.

    Kontakt:

    Eljas Saastamoinen
    CEO, Bitwards Oy
    p. +358 (0)50 355 4323
    eljas.saastamoinen@bitwards.fi

    Katja Sonninen
    PR & Marketing, Bitwards Oy
    P +358 (0)50 3531806
    katja.sonninen@bitwards.fi

    Læs hele pressemeddelelsen på Via Ritzau her: https://www.sttinfo.fi/tiedote/bitwards-plans-for-international-market-expansion-boosted-by-an-investor-fundraising-with-a-13-million-euro?releaseId=69963301

    ** Ovenstående pressemeddelelse er videreformidlet af Ritzau på vegne af tredjepart. Ritzau er derfor ikke ansvarlig for indholdet **