• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
smart lock

A new entrant in the tech war for your door

By
Shalene Gupta
Shalene Gupta
Down Arrow Button Icon
By
Shalene Gupta
Shalene Gupta
Down Arrow Button Icon
October 22, 2014, 5:47 PM ET
August

In the home of the future, you can skip the keys. Just tap your phone, and presto, your door swings open.

A new company with a high-powered designer is the latest one hoping to take that vision to the masses. That company, August, introduced its version of the so-called smart-lock to the public last week.

The lock is the brainchild of CEO Jason Johnson and renowned designer Yves Béhar, who also designed the Jawbone fitness tracker and led the design for the One Laptop Per Child project. August hopes to win the hearts of early adaptors and bring more people to the smart home market, with a design that emphasizes sleek aesthetics and ease-of-use.

While people may like the idea of smart homes, according to research firm IHS, only 5.6 million smart platforms have been installed globally. But the number is expected to rise to 44.6 million by 2018.

Smooth and round, August’s lock has the heft of a medallion or a gilded hockey puck and allows users to unlock their doors by using their phones. Customers can also let in a babysitter or a maid by issuing them a temporary wireless key.

“We’re approaching it as a consumer product rather than a piece of technology” says Béhar.

The lock, which uses Bluetooth, fits smoothly over an old-fashioned door with the help of two screws and some wing flaps so customers can retrofit their doors without altering the appearance. Users open the door by holding their phone app up to the lock or tapping a button on their phone screen.

Skeptics have raised concerns about how well August locks, which cost $249, can hold up under security attacks. Registering for the app requires two layer authentication. But during a recent product demo, the process was slightly buggy and difficult to enter email addresses for Android phones. Johnson defended the company’s security by pointing out there’s also two layers of encryption on the lock.

August has raised over $10 million in venture capital funding for their lock, one of the early forays into the world of smart home security. It faces a lot of competition from both well-established brands and start-ups. Yale has its own line of smart locks while Kwikset released its smart-lock, Kevo, last year. Meanwhile, start-up Goji plans to release a sleekly designed smart-lock that will take pictures of people who knock on your door and sends it to your door. This lock is August’s first product, but they don’t seem too worried about the competition.

“We’d love to see other people enter this market,” says Johnson. “It helps us if more people start using smart locks.”

Johnson envisions a world where keys are unnecessary, and speaks of them as jagged and ugly.

“We’re about changing the way you interact with your home.,” he says. “We have keyless cars, why not keyless homes?”

Johnson won’t go into further specifics about August’s long-term vision, but he did say in less than 90 days, August will be unveiling and shipping a new and complementary product.

About the Author
By Shalene Gupta
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

w
Environmentclimate change
The asphalt industry has a heat problem — and cities are running out of patience
By Aya Diab, Alexa St. John and The Associated PressMay 23, 2026
3 minutes ago
d
HealthHospitals
Meet the hospital dogs ‘making a real difference’ by getting sick kids to smile
By Laura Ungar and The Associated PressMay 23, 2026
15 minutes ago
t
PoliticsCongress
Rebellious Republicans find voice in Trump apostate Thom Tillis: ‘stupid on stilts’ and a ‘payout for punks’
By Lisa Mascaro, Joey Cappelletti and The Associated PressMay 23, 2026
16 minutes ago
c
EconomyEuropean Union
Europe Just admitted the Iran War’s price shock isn’t going away
By Menelaos Hadjicostis and The Associated PressMay 23, 2026
23 minutes ago
mitch
PoliticsWhite House
Even Mitch McConnell is mortified by Trump’s $1.8 billion ‘slush fund to pay people who assault cops’
By Eric Tucker, Alanna Durkin Richer and The Associated PressMay 23, 2026
39 minutes ago
t
RetailEconomics
The market keeps winning. Most Americans are losing faith
By Stan Choe and The Associated PressMay 23, 2026
45 minutes ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
1 day ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
23 hours ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
1 day ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
3 days ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.