Solink Closes $60M Series C Funding Round

Solink, an Ottawa, Canada-based physical security company for businesses, closed $60m Series C funding round.

The round was led by the Growth Equity business within Goldman Sachs Asset Management with participation from existing investors OMERS Ventures and BDC IT Ventures.

The company intends to use the funds to expand its global coverage and to invest in the future of physical security through new AI-native products.

Led by Michael Matta, CEO, Solink provides secure and real-time access to security cameras and business intelligence, helping organizations identify risk and transform the way they operate. The company’s Video Management System (VMS) uses customers’ existing security cameras to make them searchable and accessible in the cloud.

Solink serves more than 18,000 customer locations in 15 countries including the ones of companies like Tim Hortons, The Container Store, PGA TOUR Superstore and other retailers, restaurants, financial services, healthcare, hospitality, manufacturing and logistics, property management and education among others.

FinSMEs

29/07/2023