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Spot Ai Raises $40M To Build Smarter Cctv Security Camera Tech

Nov 17, 2022about 3 years ago

Amount Raised

$40 Million

San FranciscoMachine LearningArtificial IntelligenceSoftwareAnalytics

Description

CCTV and other kinds of security cameras have a strong big brother vibe, but for many of us that may be because we don’t really understand or know how the footage they pick up ever gets used. Today, a startup called Spot AI that’s built a system to help answer that question at least in part — it provides a cloud-based analytics system that “reads” that footage to get insights about not just security, but also safety and operational activity — is announcing $40 million in funding to grow.

Company Information

Company

Spot AI

Location

San Francisco, California, United States

About

Spot AI brings Video AI to the physical world, helping organizations see, understand, and improve their workspaces. Built on 1B+ hours of video data and trusted by 1,000+ leading businesses, we deliver measurable ROI in safety, operations, and security across manufacturing floors, retail stores, schools, hospitals, and beyond. Our mission: Turn every camera into a source of business value—helping organizations build safer, smarter, and more efficient spaces.

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech