HIVE2040 News

viisights announces that the company has secured US$ 10 million in additional funds

viisights, a developer of unique behavioural recognition video analytics, has announced a US$ 10 million fundraising round, led by Israeli VC firm - Hive2040, with the participation of Migdal Insurance and existing investors, headed by Firstime Ventures. These funds will expand marketing efforts and product enhancements for viisights, in order to penetrate additional target markets, and initiate a new SaaS business model. Asaf Birenzvieg, the Chief Executive Officer (CEO) and Co-Founder at viis...