Solink® Closes $60 Million (Usd) Series C Investment Led By Goldman Sachs Asset Management

Jul 25, 2023•about 2 years ago

Amount Raised

$60 Million

Round Type

series c

OttawaCyber SecuritySecurity

Investors

Goldman SachsBdc It VenturesOmers VenturesGoldman Sachs Asset Management

Description

Solink®, a leading physical security company for businesses, today announced it has closed $60 million (USD) in a Series C investment round. The round was led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) with participation from the company's existing investors, OMERS Ventures and BDC IT Ventures. The investment from Goldman Sachs comes from its recently launched $5.2B growth equity fund, dedicated to investing in high-growth businesses with strong market positioning and durable business models.

Company Information

Company

Solink

Location

Ottawa, Ohio, United States

About

Solink's platform provides secure and real-time access to security cameras and business intelligence, helping organizations identify risk and transform the way they operate. Solink's Video Management System (VMS) uses customers' existing security cameras to make them searchable and accessible in the cloud. The market for cloud-managed video surveillance, also known as Video Surveillance as a Service (VSaaS), is expected to grow at 80%1 per year, according to market analyst firm Novaira Insights.

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