Tech Company Financing Transactions
Actuate Funding Round
On 4/30/2021, Actuate landed $8 million in Series A funding from Tribeca Venture Partners, Bling Capital and Context Ventures.
Transaction Overview
Company Name
Announced On
4/30/2021
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
In leveraging the new funding to expand its solution's capabilities, Actuate is enhancing its behavior detection technology -- which allows the software to detect adverse events or accidents such as slip-and-fall incidents -- and further developing its all-in-one security management platform.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
155 East 44th St. 6th Floor 10 Grand Central
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Website
Email Address
Overview
At Actuate, we work to mitigate the costs of gun violence. We build firearm detection systems using computer vision software and artificial intelligence, turning any security camera into a smart camera. Actuate Co-Founder Sonny Tai's passion for prevention comes from his upbringing in South Africa, where family friends were part of the country's high gun violence statistics.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sonny Tai
Chief Technical Officer
Benjamin Ziomek
VP - Sales
Daniel Kopchik
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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