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Actuate Closes $8M Series A Round Led by Tribeca Venture Partners to Enhance Its AI Software for Smart Security Cameras


NEW YORK (BUSINESS WIRE) Apr 29, 2021
Actuate, the leading provider of automation and intelligence software for smart security camera systems, today announced it has closed its Series A financing of $8 million to expand the capabilities of its computer vision technology and build on the company’s growing portfolio of customers. The funding round was led by Tribeca Venture Partners and joined by Scribble Ventures, OCA Ventures, and Context Ventures, with additional support from existing investors, including Bling Capital, Upside Partnership, and Tensility Venture Partners.
Actuate’s AI-powered computer vision software turns any security camera into an intruder- and threat-detecting smart camera, identifying safety and security threats in real time and reducing false positives by as much as 99%. (Photo: Business Wire) ....

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