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Evolon Secures $16 Million In Series A Funding To Accelerate Growth

PRIVATESep 10, 2021

Amount Raised

$16 Million

Round Type

Series A

DallasInformation TechnologySoftwareSecurityCyber Security

Description

Evolon Technology, Inc., a developer of proprietary software technology that takes surveillance video and turns it into real time actionable information, announced the completion of a $16 million Series A funding.

Quick answer

Evolon Technology raised $16 Million in a Series A round, dated September 10, 2021. Evolon Technology is based in Dallas, Texas, United States.

How much did Evolon Technology raise?
Evolon Technology raised $16 Million in a Series A round on September 10, 2021.
What does Evolon Technology do?
Evolon provides advanced, highly accurate perimeter surveillance software technology for critical infrastructure protection and central station monitoring, and its patented software & analytics transform video security..
Where is Evolon Technology based and how big is it?
Evolon Technology is based in Dallas, Texas, United States. Fundz records about 21 employees.
Who are the decision-makers at Evolon Technology?
Fundz holds 1 contact at Evolon Technology. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Evolon Technology that raised within 45 days of this round, from Fundz verified event records.

  • Rhombus raised $10M (Series A) on October 21, 2021.
  • Invicti Security raised $625M on October 20, 2021.
  • Saildrone raised $100M (Series C) on October 18, 2021.
  • WidePoint raised $2.9M (Seed) on October 4, 2021.
  • RaySecur raised $13M (Funding Round) on September 23, 2021.
  • JumpCloud raised $159M on September 14, 2021.

Who to call at Evolon Technology, and when

A new round usually means Evolon Technology is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Evolon Technology raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Evolon Technology, from your own LinkedIn network

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Company Information

Company

Evolon Technology

Location

Dallas, Texas, United States

About

Evolon provides advanced, highly accurate perimeter surveillance software technology for critical infrastructure protection and central station monitoring, and its patented software & analytics transform video security cameras and security systems into smart devices by eliminating nuisance alerts. Evolon's award-winning edge-based video analytics and AI/deep learning solutions are fully scalable for commercial and government organizations that require real-time situational intelligence to enhance security effectiveness and to reduce the potential for loss due to criminal activity or business downtime. Evolon was founded by a talented team of former engineers and scientists from the U.S. Department of Energy's Los Alamos National Laboratory, with decades of national security experience in the design and deployment of advanced surveillance technologies.

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Fundz sees it the moment Evolon Technology raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Evolon Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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