Stanford Student Entrepreneur Raised $800K on Kickstarter

PALO ALTO, Calif., March 31, 2015 (GLOBE NEWSWIRE) -- Stanford student Jerming Gu, founder of CANDY HOUSE Inc., raised more than $800,000 dollars after his product launch on Kickstarter. Sesame - the world's first instant smart lock - reached its funding goal in nine hours when first introduced. Currently, nearly 5,000 supporters have backed the project.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=31811

Sesame allows users to lock and unlock their doors using the Sesame app on their smartphones. It is the only smart lock that syncs the movement of the lock with the phone, providing exact control of the angle to which the lock turns.

Gu is a mechanical engineering master candidate from Stanford University. Originally from Taiwan, Gu is someone who usually thinks outside the box. Disruptor, troublemaker, entrepreneur, as he calls himself.

"There has got to be smarter ways to live our life," Gu said.

Gu said he got the idea for smart lock due to his experience living in Asia where technology is relatively less developed.

With five-patented design, Sesame works with just about any deadbolt in the world. Users can install it in seconds, without replacing existing locks or removing anything. Current model is optimized for US/Canada/northern Europe Markets.

CANDY HOUSE also offers optional access point, which connects Sesame to the Internet when plugged into any nearby outlet. It lets users control Sesame wherever they are.

With Internet connection capability, users can allow guests in remotely. They can also control who has access and when. To ensure safety, the Sesame app also sends out a notification whenever the door opens or closes.

Learn more about Sesame on YouTube, Kickstarter or CANDYHOUSE.co.

About CANDY HOUSE

Founded and developed by Stanford University students, CANDY HOUSE, Inc. is a candy store that sells dreams, putting the joy and surprise of innovative technology in the hands of consumers, just like candy. It is also a design house, developing and manufacturing products that inspire a minimal lifestyle. It launched its first product – Sesame, the world's first instant smart lock – in February 2015. For more information about CANDY HOUSE, Inc., visit the site online or follow it on Facebook or Twitter.

CONTACT: CANDY HOUSE
         Jerming Gu
         [email protected]
         (650) 644-5681

You May Also Be Interested In

• The Trade Desk names Kristi Argyilan as chief commercial officer
• TRG Screen Acquires BST America to Strengthen Market Data Advisory Capability
• Valerio Therapeutics Announces Development Collaboration with Abivax and Provides Pipeline Update