Siminoff, Jamie — Ring | Los Angeles Business Journal

Siminoff, Jamie — Ring

Founder and Chief Inventor

Ring

THE LATEST: Ring launched its first line of smart indoor LED lightbulbs and solar-powered lights in April, adding to the more than 50 Ring-branded smart home devices already in its portfolio. In February, Ring updated its products with new features to address security and privacy concerns, including default and mandatory two-factor authentication for user sign-ins. While Ring's workforce continues to work remotely during L.A.&s stay-at-home order, the company is scheduled to move into a new 60,000-square-foot converted warehouse complex in Hawthorne later this year.

BACKGROUND: Ring is one of the most recognized brands and most utilized technologies in the smart home and home security space. Founded by lifelong inventor and serial entrepreneur Siminoff in 2011, Ring was acquired by Amazon in 2018 for an estimated $1 billion. The company employs roughly 2,000 people and makes everything from smart doorbells and lights to thermostats and garage doors. Siminoff's other inventions include PhoneTag, a voicemail-to-text company, and Unsubscribe Inc., which helps users scrub commercial email from their inboxes. He sold those companies in 2009 and 2011, respectively.

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