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Evolv ‘remains focused on customers’ during investigation

October 30, 2024Cory Harris, Editor

WALTHAM, Mass.—Evolv Technology remains “committed to our mission of making people and places safe” amid an internal investigation involving allegations of misconduct during sales transactions that has led to the company delaying its Q3 financials. On Oct. 25, the manufacturer of AI-based weapons detection technology announced that employees “engaged in misconduct” during sales transactions covering a nearly two-year period, following a preliminary committee...

Evolv Technology, Rule of 40, Security Systems News (SSN)