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Spot AI closes $40 million funding round

November 18, 2022SSN Staff

SAN FRANCISCO – Spot AI has announced it just closed a $40 million Series B funding round led by Scale Venture Partners to transform data from the world’s security cameras into video intelligence. This recent round of funding brings the company’s total to $62 million. Other participants in the round were existing investors Bessemer Venture Partners, Redpoint Ventures, and newer investors MVP Ventures, StepStone Group, and Hypergrowth Partners. Spot AI plans to use the...

Bessemer Venture Partners, Hypergrowth Partners, Jeremy Kaufmann, MVP Ventures, Redpoint Ventures, Scale Venture Partners, security cameras, Series B Funding round, Spot AI, StepStone Group, Tanuj Thapliyal, video intelligence