Tech Company Financing Transactions
Oloid AI Funding Round
Oloid AI, based in Sunnyvale, raised $12 million from Dell Technologies Capital, Honeywell Venture Capital and Okta.
Transaction Overview
Company Name
Announced On
2/14/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Dell Technologies Capital (Lead Investor) (Gregg Adkin)
Honeywell Venture Capital (Patrick Hogan)
Proceeds Purpose
The funding will be used to help expand Oloid's retrofit access control products portfolio and build nationwide sales and marketing operations.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
440 N Wolfe Rd.
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
Oloid (pronounced oh-loh-weed or oh-loyd) is a magical shape and also an abbreviation for Only-Look-Once-Identity. Although an Oloid's shape is not round, it rolls. It has sharp edges, but its motion is gentle and smooth. And when it rolls, every single point of its surface touches the ground.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mohit Garg
Chief Technical Officer
Madhu Madhusudhanan
VP - Bus. Development
Sidharth Mishra
VP - Engineering
Shankar Agarwal
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