Umbo Computer Vision Raises $8M in Post-A Funding

umboUmbo Computer Vision, a San Francisco, CA-based artificial intelligence company that specializes in autonomous video security, raised an $8m post-A round of funding.

The round, which brought total funding raised to date to $17.6m, was co-led by Translink Capital and Susquehanna International Group. Shin-Kong Capital and Shin-Kong Security (TSEC:9925), one of Asia’s largest security alarm companies, also joined as strategic investors, with continued participation by earlier investors.

The company intends to use the funds to accelerate its global sales expansion and improve its portfolio of AI-powered security products – Light, TruePlatform and Umbo AiCameras.

Led by Shawn Guan, CEO, Umbo Computer Vision provides artificial intelligence autonomous video security systems to protect businesses, their assets, and the general public. Its products include:
– Umbo Light, a fast learning A.I. that recognizes human behaviors critical to security such as intrusion, tailgating, occupancy and wall scaling.
– Umbo TruePlatform, the company’s cloud-based security management platform.
– AiCameras, which process Light A.I. on the edge or apply it to their existing IP cameras through TruePlatform’s integrations.

The company has offices in San Francisco, London, and Taipei.

FinSMEs

09/10/2019

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