Ambient.ai Raises $20M Strategic Growth Investment from Allegion Ventures

Ambient.ai

Ambient.ai, a San Jose, CA-based AI-powered computer vision intelligence (CVI) company, raised a $20M strategic growth investment from Allegion Ventures.

The company intends to use the funds to expand its partner ecosystem and integrations with other security products, along with further investing in research and development.

The company previously raised $52M in venture funding across Series A and Series B rounds led by Andreessen Horowitz (a16z) and is also backed by SV Angel and Y Combinator. Ambient.ai has received funding from Jyoti Bansal (Founder/CEO of Appdynamics), George Kurtz (Founder/CEO of Crowdstrike), Frederic Kerrest (Founder/COO of OKTA), Mark Leslie (ex-CEO of Veritas), and others.

Founded in 2017 by CEO Shikhar Shrestha and CTO Vikesh Khanna, Ambient.ai is a unified, AI-powered physical security platform that helps enterprise organizations reduce risk, improve security operation efficiency, and gain critical insights. Companies, along with multiple Fortune 500 organizations across a variety of industries, including innovative organizations like Adobe, VMware, and Impossible Foods, leverage it to unify their security infrastructure and significantly enhance their security posture.

FinSMEs

30/10/2023