Tech Company Financing Transactions
Spot AI Funding Round
Spot AI secured a $40 million Series B funding round on 11/18/2022. Investors included Scale Venture Partners, Bessemer Venture Partners and MVP Capital Partners.
Transaction Overview
Company Name
Announced On
11/18/2022
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Scale Venture Partners (Lead Investor)
Bessemer Venture Partners (Byron Deeter)
Redpoint Ventures (Tomasz Tunguz)
Proceeds Purpose
The company intends to us the funds to accelerate expansion of operations and its business reach, as well as to refine its solutions.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1350 Old Bayshore Hwy. 920
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Website
Email Address
Overview
Spot AI is making visual data instantly useful and accessible to everyone. With expertise in enterprise IT and Industrial IoT at companies like Cisco-Meraki and Samsara, the team at Spot AI combines cutting edge hardware (pun intended) with intuitive and powerful software to help customers use video to improve the security, safety and efficiency of their businesses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tanuj Thapliyal
VP - Bus. Development
Sud Bhatija
VP - Product Management
Rish Gupta
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Where The Data Comes From
We report on every notable VC transaction. All VC database entries on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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