Walmart and Lennar both invested in the home automation technology developer, which has just unveiled its first product, a smart lock.

US-based smart lock provider Level Home emerged from stealth yesterday with $71m in funding from investors including big-box retailer Walmart, home builder Lennar and investment firm Hut 8 Ventures. Founded in 2016, Level Home has created a product called Level Lock, which is designed to fit inside a customer’s existing deadbolt in order to transform…

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