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August 8, 2013 05:11 pm GMT
Iris and fingerprint scanning may be the future of locksmithing, but when it comes to keys, most of us are still using the good old-fashioned brass sort. And that means the occasional lock out. New York based start-up KeyMe is hoping to solve that problem by creating a secure, cloud-based keychain that stores keys’ cutting instructions and makes it easy to walk into a locksmith to have a replacement made. Their iOS app, out today, enables users to scan and store their keys at any time. Founded in 2012, KeyMe raised a $2.3 million seed round at the beginning of the year led by Battery Ventures. Coinstar founder Jens Molbak, who sits on KeyMe’s board, also participated in the round, along with a number of other investors. KeyMe Founder and CEO Greg Marsh told us that they are not looking to raise at the moment. The concept behind KeyMe is surprisingly simple. Using the app, you place your key on a white piece of paper and take two scans, of its front and back. The app then translates that into two pieces of information: the key type and a series of numbers that serves as the depth cutting instructions for any locksmith. That data is stored in your digital keychain, and when you do end up losing your keys, it costs $9.99 to unlock that information plus the price of your local locksmith’s cutting work. “The locksmith doesn’t need to know anything about us or have any special software. You walk in and pull up a screen on your phone which is the instructions. It has your key type and that series of numbers, which is common locksmith language. Without any precontext they’ll be able to use their hardware and make your key,” Marsh said. The app itself is free, as is creating an account and storing an unlimited number of keys. In total, it’s a fraction of the cost and time of getting a locksmith out to your place to make a new key from scratch, Marsh said, which can take hours and cost up to $150. He knows from experience: his fiance, who frequently locks herself out, gave him the inspiration for the startup. Some New Yorkers may have already come across KeyMe while out on a Slurpee run this summer. In June, KeyMe installed self-service kiosks in five Manhattan 7-Eleven stores that can both make duplicates of
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/c_JfWKhHTgg/
NYC Startup KeyMe Releases An App That Promises You'll Never Get Locked Out Again
Iris and fingerprint scanning may be the future of locksmithing, but when it comes to keys, most of us are still using the good old-fashioned brass sort. And that means the occasional lock out. New York based start-up KeyMe is hoping to solve that problem by creating a secure, cloud-based keychain that stores keys’ cutting instructions and makes it easy to walk into a locksmith to have a replacement made. Their iOS app, out today, enables users to scan and store their keys at any time. Founded in 2012, KeyMe raised a $2.3 million seed round at the beginning of the year led by Battery Ventures. Coinstar founder Jens Molbak, who sits on KeyMe’s board, also participated in the round, along with a number of other investors. KeyMe Founder and CEO Greg Marsh told us that they are not looking to raise at the moment. The concept behind KeyMe is surprisingly simple. Using the app, you place your key on a white piece of paper and take two scans, of its front and back. The app then translates that into two pieces of information: the key type and a series of numbers that serves as the depth cutting instructions for any locksmith. That data is stored in your digital keychain, and when you do end up losing your keys, it costs $9.99 to unlock that information plus the price of your local locksmith’s cutting work. “The locksmith doesn’t need to know anything about us or have any special software. You walk in and pull up a screen on your phone which is the instructions. It has your key type and that series of numbers, which is common locksmith language. Without any precontext they’ll be able to use their hardware and make your key,” Marsh said. The app itself is free, as is creating an account and storing an unlimited number of keys. In total, it’s a fraction of the cost and time of getting a locksmith out to your place to make a new key from scratch, Marsh said, which can take hours and cost up to $150. He knows from experience: his fiance, who frequently locks herself out, gave him the inspiration for the startup. Some New Yorkers may have already come across KeyMe while out on a Slurpee run this summer. In June, KeyMe installed self-service kiosks in five Manhattan 7-Eleven stores that can both make duplicates ofOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/c_JfWKhHTgg/
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