Actuate, the globally renowned provider of automation and intelligence software for smart security camera systems, has announced that it has closed its Series A financing of US$ 8 million to expand the capabilities of its computer vision technology and build on the company’s growing portfolio of customers. The funding round was led by Tribeca Venture Partners and joined by Scribble Ventures, OCA Ventures, and Context Ventures, with additional support from existing investors, including Bli...
Actuate, the computer vision technology company behind the threat- and intruder-detecting AI software, announced it is offering a deep discount on its intruder detection capabilities to businesses to combat the growing number of COVID-19-related burglaries. In order to help stop the spread of the coronavirus, cities have ordered restaurants and bars to cease on-site service, leading to many establishments closing altogether or greatly reducing operations. Increase in burglaries&n...
Aegis AI, a venture capital-backed AI startup, which provides computer vision software to turn any security camera into a threat-detecting smart camera, has announced that it is rebranding as Actuate and launched new AI threat-detection features included in it. After careful analysis of the company’s market positioning, Actuate leadership decided to adopt the new brand name in alignment with its new features, which expand the firm’s offerings beyond gun detection. Intruder- and thr...
During the Parkland, Florida, school shooting in 2018, the shooter was caught on a security camera pulling his rifle out of a duffle bag in the staircase 15 seconds before discharging the first round. However, the School Resource Officer didn’t enter the building because he wasn’t confident about the situation, and the Coral Springs Police Department had no idea what the shooter even looked like until 7 minutes and 30 seconds after the first round was fired. If the video system had...
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