Evolv Technology, a Waltham, MA-based provider of advanced security solutions, raised $18M in Series B funding.
Backers included Lux Capital, Bill Gates, General Catalyst, DCVC, and others.
The company intends to use the funds to expand its operations, grow revenue, and continue future product development.
Founded three years ago by Mike Ellenbogen and Anil Chitkara, Evolv Technology provides the Mosaiq™ Platform, a solution integrating real-time video surveillance with low false alarms, walkthrough firearm and explosive detection, facial recognition, and security analytics to protect soft targets and hard assets.
The company serves government agencies and private businesses.
FinSMEs
14/03/2017