Market Overview

After Raising More than $178,000 during Successful Kickstarter Campaign, Crowdfunding for Olarm Continues on Indiegogo


After Raising More than $178,000 during Successful Kickstarter Campaign, Crowdfunding for Olarm Continues on Indiegogo

Presales of the new multifunctional, cost-effective peel-and-stick security system were more than four-times initial campaign goal

PR Newswire

SAN DIEGO, July 23, 2018 /PRNewswire-PRWeb/ -- Consumers looking for a cost-effective, easy-to-install multifunctional security system for their home or office invested more than $178,000 in the new Olarm on Kickstarter – with crowdfunding now continuing on Indiegogo InDemand.

With the support of crowdfunders on Kickstarter, the Olarm Team was able to unlock three stretch-goal bonuses during the campaign – color options, a smart-home integration feature and an alarm feature when presales surpassed $100,000.

"We want to thank all the backers who made our launch on Kickstarter a tremendous success, and we anticipate even more support as we continue crowdfunding on Indiegogo," said Olarm Founder and CEO Joe Faltaous.

Olarm is a multifunctional security system powered by an all-in-one "peel and stick" O-ring smart sensor. The smart sensor connects to mobile devices through a brain/hub and activates multi-purpose functionalities, enabling Olarm to be used as a door/window sensor or motion sensor, set up to detect water leaks, or can monitor temperature/humidity or programmed to function as a smoke detector.

In addition to featuring seven security capabilities into a single device, Olarm also eliminates the need for costly professional installation or hard wiring – with users able to install and activate the entire system in minutes.

Olarm users access an intuitive mobile app that guides them through the process to set up the security system quickly and easily.

People who already own smart home devices (e.g. smart door locks, cameras, smart light control, etc.) can easily integrate them with Olarm, which is compatible with most existing home automation and security devices (e.g. Nest, Arlo, Phillips Hue and August DoorSense™) – giving users the ease of controlling and monitoring their homes from one place.

They also have the option to choose a free monitoring option, which includes self-monitoring and/or authorizing a family member or friend to receive Olarm's notifications while they are away from home, or they can opt-in to use the company's professional monitoring service, 24/7 surveillance monitoring for only $10 a month for more peace of mind.

"We are originally a security service provider and a licensed commercial monitoring company, so we wanted to offer professional monitoring as a monthly add-on service, but not at the excessively-priced plans offered by most security providers," Faltaous said.

For more information about the features of the Olarm multifunctional security system and to take advantage of its remaining early-bird specials during crowdfunding, visit the Olarm Campaign Page on Indiegogo InDemand.

About Olarm
Olarm is a patent pending revolutionary third generation home security system. Powered by an all-in-one "peel and stick" smart sensor that connects to your mobile device through a brain/hub and activates multipurpose functionalities – door/window sensor, motion sensor, water leak, temperature/humidity, and smoke detector. Olarm is the only system that learns the owner's lifestyle and adapts to it, avoiding false alarms. It is the most robust and reliable product, with its own built-in backup system. The brain/hub will automatically switch to a cellular connection in case of Wi-Fi/Internet interruptions, ensuring consistent protection. Olarm is also a licensed commercial monitoring company, offering a professional monitoring option for more peace of mind.
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