ZeroEyes, a Philadelphia, PA-based provider of an AI-based gun detection video analytics platform, raised $53M in Series B funding.
The round was led by Sorenson Capital, with participation from Intel Capital, BroadLight Capital and existing investors.
The company intends to use the funds to accelerate growth, including investments in channel partnership programs, research and development, business expansion, and its gun violence research center.
Led by CEO Mike Lahiff, ZeroEyes delivers a proactive, human-verified AI gun detection software solution that integrates into existing digital security cameras and helps mitigate mass shootings and gun-related violence by reducing response times, providing actionable intelligence with images and delivering clarity among chaos. The ZeroEyes team also provides consulting, installation assistance and practice drills for active shooter events to enhance safety at schools, corporate and government facilities.
The gun detection and intelligent situational awareness software layers onto existing digital security cameras. If a gun is identified, images are instantly shared with the ZeroEyes Operations Center (ZOC), a fully in-house operation center, which is staffed 24/7/365 by specially trained U.S. military and law enforcement veterans. If these experts determine that the threat is valid, they dispatch alerts and actionable intelligence — including visual description, gun type, and last known location — to first responders and local staff as quickly as 3 to 5 seconds from detection.
The software currently protects thousands of buildings for hundreds of customers in 42 states, and demand continues to grow in the education, commercial, transit and government sectors. The patented solution is recognized by the U.S. Department of Homeland Security (DHS) as a promising anti-terrorism technology as its video analytics technology received SAFETY Act DT&E Designation.
FinSMEs
01/07/2024