Corliss Home Security: Smart lock 'Bolt' from Lockitron
Lockitron of Y Combinator fame has announced the launch of the USD 99 successor, named Bolt, to their keyless-entry device 3 years ago.
Lockitron's co-founder, Cameron Robertson, admitted that they have learned much from the issues they have to deal with during the product's last release. For instance, instead of using around 40 custom-made components, their team chose to just source high-quality ones. This resulted in significant price reduction -- from the original price of USD 179 to USD 99 -- and lower failure rate.
Robertson's team believed that they can create something with a bit more complex setup and be a hit. So they decided to return to the original plan of replacing the deadbolt instead of trying to create a universal device to fit over the existing deadbolts...