Evolon, a Dallas TX-based surveillance video software technology company, raised $16M in Series A funding.

The backers were undisclosed.

The company intends to use the funds to expand the team and accelerate research and product development efforts, enhance sales and marketing initiatives, implement new products and solutions, and drive growth in the perimeter surveillance software industry.

Company: Evolon

Raised: $16.0M

Round: Series A

Funding Month: September 2021

Lead Investors: undisclosed

Additional Investors: undisclosed

Company Website: https://evolontech.com/

Software Category: Perimeter surveillance software solutions

About the Company: Led by Kevin Stadler, CEO, Evolon is a developer of proprietary software technology that takes surveillance video and turns it into real-time actionable information. Its Situational Intelligence® solutions combine patented advancements and emerging technologies to deliver real-time detection of objects of interest and classification accuracy. It specializes in the fields of information technology, object detection, object classification, and artificial intelligence. It was founded in 2001 and headquartered in Dallas, Texas.

Source: https://www.finsmes.com/2021/09/evolon-raises-16m-in-series-a-funding.html