Cloud video surveillance agency Eagle Eye Networks has raised $40 million of Collection E funding from enterprise capital agency Accel to proceed its development and increase its expertise management. Eagle Eye is leveraging synthetic intelligence on its true cloud platform to dramatically reshape video surveillance and enhance security, safety, operations, and customer support for companies all over the world.
In the present day’s video surveillance methods have a number of security measures, resembling movement detection and commonplace analytics. Nevertheless, these methods require both monotonous monitoring or a meticulous handbook evaluate after every triggered occasion to extract helpful data. Equally, enterprise operations analytics are nonetheless in early growth.
“There’s a large alternative to leverage AI and alter the very nature of video surveillance,” stated Dean Drako, Founder and CEO of Eagle Eye Networks.
“Eagle Eye Networks now has the means and the expertise to allow cloud video surveillance to rework how firms handle safety and enterprise operations, in the identical means self-driving/electrical vehicles are reworking transportation.
“Finally, sensible cloud video surveillance with applicable privateness and cybersecurity protections will make the world a lot safer. It’s going to assist companies present higher service by decreasing wait traces, guaranteeing shows are organised and shops clear, and assuring product high quality.”
Sameer Gandhi, Accomplice at Accel added, “Eagle Eye Networks pioneered the video surveillance trade’s transfer to the cloud, and AI functions will drive the trade’s subsequent transformation. Eagle Eye is within the pole place to make this occur. Its true cloud expertise places Eagle Eye in a novel place to immediately deploy new analytics breakthroughs.
“Dean Drako’s monitor file, confirmed with Eagle Eye and beforehand as founding father of Barracuda Networks, speaks for itself.”