Amazon invests in smart apartment platform SmartRent

SmartRent, a smart home automation platform for property managers and renters, already boasts some of the biggest names in multifamily real estate among its backers. And now, the company has an even bigger name in its corner: Amazon. SmartRent announced this week that it received a strategic investment from the Amazon Alexa Fund, an Amazon venture capital arm that invests in companies that use voice and other technology, as well as new contributions to the science behind those technologies.

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