NEW YORK, NY, Actuate today announced it has closed its Series A financing of $8 million.
Actuate, the leading provider of automation and intelligence software for smart security camera systems, today announced it has closed its Series A financing of $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 Bling Capital, Upside Partnership, and Tensility Venture Partners.
Actuate is an AI company building computer vision software that turns any security camera into an intruder- and threat-detecting smart camera, providing facilities with safer, cost-effective, end-to-end security automation. Founded by a U.S. Marine Corps Captain and Microsoft AI veteran, Actuate's technology was developed in collaboration with law enforcement, educators, and the military with the vision of a safer, peaceful future for all. For more information, visit www.actuate.ai.
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