Solink raises more than $100M led by Vertu Capital to mine business data from security cameras
Solink, which applies AI to footage from businesses' existing security cameras for loss prevention and operations analytics, has raised more than $100M led by Vertu Capital. Valuation was not disclosed.
Ottawa-founded Solink, which applies AI to video from cameras that retailers, restaurants and warehouses already have installed, has raised more than $100M in a round led by Toronto private equity firm Vertu Capital. The company sells loss-prevention, perimeter security and operations analytics built on that footage. (SiliconANGLE; The Next Web)
Goldman Sachs Alternatives also invested, and Golub Growth and Comcast Ventures joined as new backers. Valuation was not disclosed. Solink says its software runs on about 500,000 cameras at more than 35,000 customer locations in 65 countries, and that total funding now exceeds $198M. (SiliconANGLE)