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Smart Home Company for Rental Properties Secures Funding From Amazon Alexa Fund

SmartRent, a provider of smart home systems for property managers and renters, announced Wednesday an investment from Amazon Alexa Fund. It will use the funding to work with teams from Amazon and Ring to develop software and hardware for connected communities including smart locks, voice control and leak sensors, it said. The multifamily housing market has been "largely overlooked" by the smart home industry, said SmartRent CEO Lucas Haldeman.