Eagle Eye Networks raises $40M to accelerate growth and AI investment for its Cloud VMS - Help Net Security

Eagle Eye Networks raises $40M to accelerate growth and AI investment for its Cloud VMS - Help Net Security

Eagle Eye Networks has raised $40 million of Series E funding from venture capital firm Accel (Facebook, Spotify, DocuSign) to continue its growth and expand its technology leadership.


Eagle Eye is leveraging artificial intelligence (AI) on its true cloud platform to dramatically reshape video surveillance and improve safety, security, operations, and customer service for businesses around the world.


Today’s video surveillance systems have multiple security features, such as motion detection and standard analytics. However, these systems require either monotonous monitoring or a meticulous manual review after each triggered event to extract useful information. Similarly, business operations analytics are still in early development.


“There is a tremendous opportunity to leverage AI and alter the very nature of video surveillance,” said Dean Drako, Founder and CEO of Eagle Eye Networks.


“Eagle Eye Networks now has the ..

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