ZeroEyes Raises $23M in Funding

ZeroEyes

ZeroEyes, a Philadelphia, PA-based creator of an AI-based gun detection video analytics platform, raised $23M in funding.

The round was led by Octave Ventures, Alliance Holdings, and other existing investors.

The company intends to use the funds to accelerate continued growth with investments in R&D, channel partnership programs and business operations expansion.

Led by CEO Mike Lahiff, ZeroEyes delivers a human-verified AI gun detection software solution that integrates into existing digital security cameras and helps mitigate mass shootings and gun-related violence by reducing response times, providing actionable intelligence with images and delivering clarity among chaos.

Founded by Navy SEALs, Special Operations military veterans, and technologists, ZeroEyes dispatches real-time actionable intelligence about the illegal brandishing of a gun near or in an occupied area or building, to local staff and law enforcement with an image of the shooter(s) and location of the threat, in as fast as 3 to 5 seconds from the moment the gun is detected. The company’s team also provides tech consulting, installation assistance and practice drills for active shooter events to enhance safety at schools, corporate and government facilities.

ZeroEyes is currently deployed in thousands of buildings for hundreds of customers in 37 states. The gun detection solution has been adopted by the US Department of Defense, leading public K-12 school districts, colleges / universities, healthcare facilities, commercial property groups, manufacturing plants, Fortune 500 corporate campuses, shopping malls, big-box retail stores and more.

The patented system has been recognized by the U.S. Department of Homeland Security (DHS) as a promising anti-terrorism technology and has received SAFETY Act DT&E Designation.

FinSMEs

23/08/2023