Y Combinator alum Lockitron is today launching the Bolt, a $99 follow-up to its troubled crowdfunded keyless-entry gadget.
Lockitron co-founder Cameron Robertson says the company learned a lot from the difficulties it went through with its last release. Rather than use approximately 40 discrete components (many of which had to be custom-designed) the team sourced high-quality parts off-the-shelf, reducing failure rates and costs (the original went for $179) as well as the footprint of the lock.
The team also decided to go back to their original design of replacing the deadbolt altogether (while still letting you use your old keys as a backup) rather than trying to build a universal gadget that could fit over most deadbolts. As it turns out, there’s an absolutely huge variety of locks out there, and while their solution was in fact a “slot-in” solution for many, others found that the 20-minute setup time the company promised was really something like an hour.
Robertson and the team were convinced they could make something with a slightly more complex setup and still do well by the example of Nest.
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SOURCE: TechCrunch | Kyle Russell