Solink raises over $100 million in funding, led by Vertu Capital

Oct 29

1. 23:24

   Unite.AI

   Solink Secures Over $100 Million in Funding Led by Vertu Capital to Accelerate AI Vision…

   Ottawa-based Solink has announced the completion of over $100 million in new funding, led by Vertu Capital with participation from Goldman Sachs Alternatives' Growth Equity, among others. The funds will be used to accelerate its AI Vision Intelligence deployment. Its platform transforms existing security cameras into real-time business intelligence, covering more than 35,000 customer sites across 65 countries and managing 500,000 camera feeds. Solink previously completed a $60 million Series C funding round in 2023.

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2. 20:00

   SiliconANGLE

   Solink raises over $100 million to extract business data from security cameras with AI

   Video intelligence company Solink has completed a new funding round of over $100 million, led by Vertu Capital with participation from Goldman Sachs through its Growth Equity arm, bringing its cumulative funding to more than $198 million. Its platform uses AI to extract information from the existing security cameras of retail, restaurant and warehouse customers; currently about 500,000 cameras are connected across more than 35,000 customer sites in 65 countries. In February this year the company launched an edge AI agent for perimeter security and loss prevention, and in March it added a vision-language model to its VerifEye command center to filter out false alarms.

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