Spot AI Closes $40M Series B to Exploit Data from Surveillance Cameras

Spot AI, a San Francisco-based video intelligence company, recently closed a $40M Series B funding round. This round brings total funding to $62M. The investment will accelerate Spot AI’s efforts to help businesses unleash valuable insights from their video data using Artificial Intelligence.

Surveillance camera growth has exploded since 2015, and today there are close to one billion security cameras installed world-wide.

The company was formed by engineers from Stanford, Cisco Meraki, and Samsara with a mission to create a safer world through video intelligence.

You can learn more here.

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