August Selected to Join National Association of Realtors® REach® Accelerator …

SAN FRANCISCO–(BUSINESS WIRE)–August
has been selected by the National Association of Realtors’ (NAR)
strategic investment arm, Second
Century Ventures
, to join its REach®
growth technology accelerator program.

Out of hundreds of applicants, August was chosen to join a select group
of eight companies, which span across home services, personal security,
real estate lending, and more. As a member of the REach program, August
will partner with both industry leaders and the most promising startups
to solve some of the most difficult challenges facing the industry and
NAR, the largest trade association in the U.S. with more than 1 million
members.

In today’s competitive housing market, we know realtors are
increasingly turning to technology to stand out from the crowd,” said
Jason Johnson, CEO and co-founder of August. “We hope that by working
with NAR and REach, together we can use August’s market leading home
access technology to add convenience and increase value for real estate
professionals. August has the potential to save brokers and agents
significant time by providing contractors, stagers and maintenance
workers with instant, keyless access that can even be tracked remotely.
We also believe that August will reduce cost and help property managers
become more efficient by eliminating expensive re-keying and reducing
late night lock-outs.”

This announcement comes fresh off the heels of August’s recently
announced national partnerships with Comcast and Best Buy. To learn more
about August, please visit: http://blog.august.com/.

About August

August builds products for the home that make life simpler and more
secure. August’s flagship product, the August Smart Lock, is an
intelligent hardware, software and home access management system that
allows users to send time-restricted virtual keys to anyone with an iOS
or Android smartphone. Founded by technology entrepreneur Jason Johnson
and renowned designer Yves Béhar, August has raised $50 million in
funding to date and is headquartered in San Francisco, California.


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