Hakimo, a Menlo Park, Calif.-based AI platform designed to bring cybersecurity-like tools to the physical security industry, raised $4 million in seed funding.
The round was led by Neotribe Ventures, with participation from defy.vc, Firebolt Ventures, and prominent angels such as Ameet Patel, Prasanna Srikhanta, and Stanford professor Sachin Katti.
The company intends to use the funds to expand operations and its business reach and applies computer vision and data analytics techniques on top to enable companies to easily identify potential threats and vulnerabilities.
Company: Hakimo Inc.
Round: Seed Round
Funding Month: November 2021
Lead Investors: Neotribe Ventures
Additional Investors: defy.vc, Firebolt Ventures, Ameet Patel, Prasanna Srikhanta, and Sachin Katti
Company Website: https://hakimo.ai/
Software Category: Physical Security > AI
About the Company: Co-founded by Sam Joseph, CEO, and Sagar Honnungar, Hakimo provides a Security Information and Event Management (SIEM) system for physical security. Hakimo is a technology company that integrates into physical security programs to improve the efficiency of access control monitoring and reduce the operating cost of expensive security command centers. Hakimo AI software eliminates the mundane tasks of monitoring cameras and sifting through alarms so your security team can focus their time on higher-value tasks such as travel risk management, intelligence, emergency response, and problem-solving to create a safe environment for the company employees. The company uses computer vision to analyze camera footage corresponding to every badge event and correlates that with badging data to raise alerts in real-time.