Umbo CV, a San Francisco, CA-based artificial intelligence provider of event recognition systems that think and learn like humans for the professional security industry, completed a $2.8 million round of seed funding.
The round was led by AppWorks Ventures with participation from Mesh Ventures, Fortune Global 500 Wistron Corp. and Phison Electronics.
The company intends to use the funds to expand R&D, marketing and sales in support of the launch of its first product, Umbo SmartDome.
Founded in 2014 and led by Shawn Guan, CEO, Dr. Ping-Lin Chang, CTO, Dr. Tingfan Wu, CSO, Antony Ko, VP Hardware, Umbo CV provides artificial intelligence solutions for the professional security market. The company has developed Umbo SmartDome, a self-learning smart security camera for enterprises capable of spotting anomalies, bringing real-time protection to people and their assets, and Aqua SmartCloud, a web management platform.
Umbo CV’s products have a wide range of applications from small offices, local stores, and hotel franchises to large national retailers, city surveillance, school districts, warehouse, major transportation facilities and much more.