On Tuesday this week Amazon announced it would buy Ring for more than $1 Billion.
In 2013, Ring (formerly called DoorBot) was rejected by all the investors on Shark Tank. Here’s the rejection video:
The Ring Video Doorbell has a motion sensor so it can alert your phone when somebody walks through your yard or onto your porch.
It
also records video and audio of each event (a ringing of the bell or a
motion detection) and stores it in the cloud for later review.
"Ring's home security products and services have delighted customers since day one. We're excited to work with this talented team," an Amazon spokesperson said in a recent interview with CNBC.
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