Duncan Riley / SiliconANGLE : Ottawa-based Solink, which uses AI to pull data from already-installed security cameras, raised $100M+ led by Vertu Capital, bringing its total raised to $198M+ — Video intelligence company Solink Corp. revealed today that it has raised more than $100 million in new funding.
Ottawa-based Solink, which uses AI to pull data from already-installed security cameras, raised $100M+ led by Vertu Capital, bringing its total raised to $198M+ (Duncan Riley/SiliconANGLE)
In short
Ottawa-based Solink Corp. has secured more than $100 million in a new financing round led by Vertu Capital. The firm develops artificial intelligence technology specifically engineered to pull and analyze data from pre-existing, already-installed security cameras. With this substantial cash injection, the company's cumulative total funding has surpassed $198 million.
Key points
- The investment round provides more than $100 million in fresh capital to scale operations.: The investment round provides more than $100 million in fresh capital to scale operations.
- Solink utilizes artificial intelligence to analyze data gathered from previously installe…: Solink utilizes artificial intelligence to analyze data gathered from previously installed security cameras.
- The platform eliminates the need to replace existing physical hardware to deploy video in…: The platform eliminates the need to replace existing physical hardware to deploy video intelligence capabilities.