Tech Company Financing Transactions
Alcatraz AI Funding Round
Alcatraz AI secured a $6 million financing round on 3/19/2019. Investors included Hemi Ventures, private investors and Johnson Controls.
Transaction Overview
Company Name
Announced On
3/19/2019
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
490 California Ave. 400
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
Alcatraz' mission is to make authentication secure and frictionless. The platform is scalable, fast, easy to integrate and works with existing access control systems. We use computer vision and artificial intelligence for real-time decision making on the edge. Over time, we will be adding more applications in a wide range of verticals.
Management Team
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