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Since launching out of stealth less than a year ago, Openpath already
surpassed its goals, having raised $27 million, launched two major
products and doubled the size of its headquarters.

LOS ANGELES–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/AccessControl?src=hash” target=”_blank”gt;#AccessControllt;/agt;–Openpath,
a leader in next-generation access
control
technology, today announced Kieran
Hannon
joined the company’s executive team as Chief Marketing
Officer. Formerly Belkin International’s Chief Marketing Officer, Kieran
has extensive award-winning
marketing experience, and his appointment signifies Openpath’s continued
growth and leadership in the smart office industry. The addition of
Hannon to Openpath’s executive team coincides with the expansion of its
Los Angeles headquarters, and the opening of the company’s second office
in Indianapolis, as Openpath continues to achieve incredible success
disrupting the long-stagnant access control industry.

Since launching out of stealth in May 2018 – with patented, disruptive
technology allowing employees and guests to unlock the doors with their
smartphones – Openpath has been quickly embraced by the commercial real
estate industry nationwide. The winning combination of Openpath’s Triple
Unlock technology and Touch access feature has resulted in 94% mobile
adoption
– a previously unattainable rate for mobile access
solutions who normally score 2-3%. Furthermore, Openpath announced a $20
million Series B and expanded its core product line with the Mullion
Smart Reader and Elevator Board. With such high demand for the product
portfolio that now spans parking garages, doors, turnstiles and
elevators, the company has since doubled its manufacturing
capacity.

As a result of such rapid success, Openpath has won industry-leading
customers, like Domino’s Pizza franchises, which are using Openpath’s
technology across the U.S., giving store owners and employees a more
secure and convenient method to access their building. Click
here
to watch a video to learn more about how Domino’s franchise
owners are using Openpath’s solution.

James Segil, Openpath’s co-founder and President, said: “Openpath is the
only company to provide both ultimate reliability and convenient
usability in a single, comprehensive access control system. We have a
unique opportunity to brand what has historically been a commoditized
product. With Kieran onboard, his ability to highlight key aspects of a
brand’s identity, such as Openpath’s superior user experience, will
secure Openpath’s place as the first access control solution people ask
for by name. We are improving the workday experience for people and
establishing an emotional connection with our brand. Kieran understands
this better than anyone and can tap into the sentiment to cement our
place as a thought leader in this market.”

Hannon added: “I was drawn to Openpath’s commitment to solving one of
the most pervasive challenges in the modern office – smart, convenient,
safe workplace security. The team at Openpath has created a thoughtful,
all-encompassing approach to mobile
access control
that puts the user first. Openpath’s dedication to
providing its customers with the best user experience, without
compromising best-in-class safety standards, is much admired. This
inspired me to join a proven, highly successful founding team in
creating the compelling global brand for the modern workforce.”

Kieran joins Openpath during a time of rapid expansion. The company is
continuing to build out its national footprint with offices and sales
representatives from coast to coast, and has grown its team 125% over
the past year. Openpath also recently relocated to a new Culver City
headquarters that is more than double the size of its old office,
complete with a showroom built to demonstrate what the future of work
looks like.

Click
here
for media assets.

About Openpath
Openpath is on a mission to improve workplace
efficiency and security by creating smart, secure access systems for the
modern office. A full-service provider of mobile access software and
hardware, Openpath enhances commercial property owners, managers and
tenants’ experiences with the built environments they work in. In
automating the access experience, Openpath provides commercial real
estate industry with the keyless, hands-free entry methods users demand
– without sacrificing security. While many mobile access systems rely on
only Wi-Fi, Bluetooth or LTE, Openpath’s proprietary Triple Unlock
technology utilizes all three methods simultaneously, guaranteeing the
system remains online at all times and providing users with the most
reliable, seamless access experience available. Founded in 2016,
Openpath is based in Los Angeles’ Silicon Beach. To learn more, visit www.Openpath.com.

Contacts

Brigid Gorham
BIGfish Communications for Openpath
325.455.3152
[email protected]