Tech Company Financing Transactions
Spot AI Funding Round
Spot AI, based in Burlingame, scored $31 million from Bessemer Venture Partners, Cheyenne Ventures and MVP Capital Partners.
Transaction Overview
Company Name
Announced On
11/1/2024
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts
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.
Management Team
Title
Name
Email & Social
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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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