Camber Creek Joins $10.5M Series A for Latch

Latch, the first universal smart access system that works for enterprise, consumer, and hospitality users, emerged from stealth today and announced that it has raised a $10.5 million Series A round of funding, led by Lux Capital. To date, the company has raised $16 million in total funding.

Latch’s Series A financing included Primary Venture Partners, Corigin Venture Partners, Camber Creek, Expansion Ventures, PCH, and Wan Li Zhu of Fairhaven Capital, along with additional investments from a group of large strategic real estate funds. The Series A funding is on top of $5.5 million in seed funding led by Camber Creek and 3rd Prime Capital, with participation from R/GA and Techstars.