Amazon purchases smart security camera company Blink

26 December, 2017, 00:42 | Author: Jeannette Greene
  • Amazon purchases smart security camera company Blink

The main difference is that Blink's products work wirelessly, while Amazon's existing options usually need to be plugged in.

It should come as no surprise to when you hear that Amazon has bought out a startup, Blink, that focuses on smart cameras and doorbells. That includes the recently announced Blink Video Doorbell.

Blink launched in 2014 and raised over $1M through a crowdfunding campaign.

Amazon told CNBC, "As one of their distributors, we already know customers love their home security cameras and monitoring systems". Blink had raised almost $30 million in funding, most recently $3 million in convertible debt this past February, according to VC-research firm PitchBook.


It's not hard to see, therefore, why Amazon might have been interested. Financial terms weren't disclosed.

Walmart, meanwhile, is testing a system that would sync up with home security cameras to let delivery workers leave groceries in your home fridge. It also launched a new Amazon Key service for people in some U.S. cities to allow a door to be unlocked when they're not home so packages can be left inside. It's proved a controversial launch for Amazon, given it requires trusting couriers not to take advantage of the access they're given.

A specialist in low-power, easy-installation IoT devices seems like a good fit, therefore, if you were trying to think of ways to streamline adoption of Amazon Key.

Blink, for its part, said in a statement on its site that nothing is changing about the company's day-to-day operations, although it's likely that state of affairs won't last much longer. We'll continue to operate under the Amazon umbrella selling and supporting the same great products you know and love. "We're excited to welcome their team and invent together on behalf of customers".

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