Deep North Raises $25.7M in Series A Funding

deepnorth

Deep North, a Foster City, Calif.-based computer vision and AI- powered video analytics company, closed its $25.7m Series A funding round.

The round was led by Celeres Investments, with participation from Engage, AI List Capital, and others.

The company intends to use the funds to expand operations and its business reach.

Led by Rohan Sanil, Co-Founder and CEO, and Jinjun Wang, Co-Founder and CTO, Deep North provides technology that brings the specificity and actionability of digital analytics to physical locations. Its software leverages existing camera infrastructure at retail stores, shopping centers or commercial buildings to allow businesses to digitize and understand behavioral and foot traffic metrics in the physical world. The AI-powered platform then provides retailers with direct, real-time insights to improve customer experience and conversion.

FinSMEs

12/03/2020

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