Tag: Series B Funding round

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...

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...

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...

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...