ZeroEyes secures $23 million to accelerate customer deployments

PHILADELPHIA – ZeroEyes announced that it has secured $23 million in capital in addition to its recent dramatic growth, which surpassed 300% over the prior year.

The oversubscribed round was led by Octave Ventures, Alliance Holdings, and other existing investors. ZeroEyes said that it further demonstrates the pressing need for innovative solutions to curb the gun-related violence epidemic in the United States. ZeroEyes is currently deployed in thousands of buildings for hundreds of customers in 37 states, with great momentum. Growth has been driven by demand from the original K-12 market, commercial sectors including retail, gaming and healthcare. Additionally, new gains have been fueled through growing contracts with the U.S. Department of Defense through ZE Government Solutions (ZEGS), a wholly owned subsidiary of ZeroEyes that delivers advanced dual use AI, proactive threat detection and situational awareness of complex threats for U.S. national security.

“These funds will allow us to continue scaling to meet surging demand as schools, houses of worship, businesses, communities and even the Federal government seek viable, affordable and most importantly proactive solutions to address the gun-related violence problem in our country,” said Mike Lahiff, CEO and co-founder, ZeroEyes.

ZeroEyes has been incredibly active over the past month, with Security Systems News (SSN) reporting on their deployment with schools in Utah, New Mexico, and Delaware. The company also recently secured an AFWERX SBIR Phase I contract with the Department of the Air Force (DAF) and launched its channel partner program. “ZeroEyes has demonstrated a remarkable ability to execute on its important mission, and we are excited about their future as they continue to achieve wide adoption and staggering growth,” said Michael Kim, Founder of Octave Ventures.

ZeroEyes provides AI-based gun detection and intelligent situational awareness software that is layered onto existing digital security cameras. To learn more about its platform please visit zeroeyes.com.