Tag: Series B Funding round
MatrixSpace completes $20M Series B funding
October 17, 2025SSN Staff
BURLINGTON, Mass. — MatrixSpace, a provider of portable AI-enhanced radar counter drone sensing technology, has announced the completion of its $20 million Series B funding round.
This raise represents a significant valuation increase over the Series A of May 2023 and brings MatrixSpace’s total funding to date to $58 million. The completion of this round also introduces meaningful new investors, including L3Harris, to the MatrixSpace team.
The round was co-led by The Raptor Group...
Deep Sentinel secures $15 million in Series B funding
June 3, 2025SSN Staff
PLEASANTON, Calif. — Deep Sentinel, a provider of proactive AI-powered security, announced it has raised an oversubscribed $15 million in Series B funding led by Egis Capital Partners.
The round also received continued support from existing backers such as Intel Capital, Shasta Ventures, UP2398, and Slow Launch Fund.
The latest investment will support Deep Sentinel’s rapid expansion, continued development of its proprietary AI models and scaling of its Bring Your Own Camera...
Cynomi secures $37M in Series B funding
April 30, 2025SSN Staff
TEL AVIV, Israel — Cynomi has announced the successful completion of its $37 million Series B funding round, co-led by Insight Partners and Entrée Capital, with continued support from existing investors Canaan, Flint Capital, and S16VC.
The company, which currently supports MSPs, MSSPs, consultancies, and telcos, will use the funding to serve a broader range of service providers, including integrators and resellers. The investment will also enable Cynomi to scale its sales operations...
Sekoia.io secures €26 million in Series B
April 18, 2025SSN Staff
PARIS — Sekoia.io, developer of the Sekoia AI-SOC platform, announces it has raised 26 million euros from Revaia, with participation from UNEXO and the support of its existing investors Bright Pixel Capital, Omnes Capital and Bpifrance.
This Series B round brings the total fundraising to 60 million euros since the company was founded. With this funding, Sekoia.io will accelerate upon their innovation in the field of AI and continue to strengthen their international expansion plans.
Founded...
AI gun detection platform provider ZeroEyes secures $53M+ Series B funding
June 28, 2024SSN Staff
PHILADELPHIA — Gun-detection video analytics platform provider ZeroEyes has announced that it secured more than $53M in Series B funding.
The oversubscribed round was led by Sorenson Capital, with participation from Intel Capital, BroadLight Capital and existing investors.
The company offers an end-to-end security solution, from threat detection to situational awareness, focused on proactively identifying guns before shots are fired and providing actionable intelligence to on-site staff...
Axelera AI raises $68 million Series B funding
June 27, 2024SSN Staff
SILICON VALLEY, Calif. and EINDHOVEN, Netherlands — Axelera AI, a provider of purpose-built artificial intelligence (AI) hardware acceleration technology for generative AI and computer vision inference, has announced its successful close of an oversubscribed $68 million Series B financing round.
This latest round brings the total amount raised to $120 million. Axelera AI has spent the past three years building a team of 180+ employees (including 55+ PhD’s with more than 40,000 citations...
Spot AI closes $40 million funding round
November 18, 2022SSN Staff
SAN FRANCISCO – Spot AI has announced it just closed a $40 million Series B funding round led by Scale Venture Partners to transform data from the world’s security cameras into video intelligence.
This recent round of funding brings the company’s total to $62 million. Other participants in the round were existing investors Bessemer Venture Partners, Redpoint Ventures, and newer investors MVP Ventures, StepStone Group, and Hypergrowth Partners. Spot AI plans to use the...
Intel invests $15m in Prism SkyLabs
October 23, 2013Martha Entwistle
Prism Skylabs, a two-year-old startup founded by Ron Palmeri and 3VR's Steve Russell today announced a $15 million Series B funding round led by Intel Capital, Intel Corporations' investment and M&A business. The round included investments from Presidio Ventures, Triangle Peak, Data Collective, Expa, and some existing investors, Russell told me.
Prism Skylab is a cloud service that transforms any video camera “into visual merchandising, auditing and business intelligence tool that...