Intenseye, a New York-based AI-driven workplace safety solutions provider, has raised $64 million in Series B funding, bringing its total funding to over $90 million.
SaaS Investors
The round was led by Lightspeed Venture Partners with participation from Insight Partners, Point Nine, and Air Street Capital.
Founded in 2000, Lightspeed Venture Partners is a venture capital firm based in Menlo Park, California. The firm has regional offices in Israel, India, China, Southeast Asia, and Europe. The firm seeks to invest in the enterprise, health, fintech, and consumer sectors.
Intenseye Use of Funds
With the investment, Intenseye plans to enhance its technology, including a new Gen AI video anonymization feature, and expand customer support.
About Intenseye
Founded in 2018, Intenseye provides a computer vision AI-powered workplace safety solution to embed a full suite of highly advanced and completely irreversible privacy measures into its products as standard. Intenseye's platform prioritizes privacy by design, alerts to unsafe conditions, empowering EHS teams to enhance efficiency and prevent incidents while protecting worker privacy. More than 100,000 workers at Fortune 500 companies and industrial groups are protected by Intenseye.
Funding Details
Company: Intenseye, Inc.
Raised: $64.0M
Round: Series B
Funding Month: February 2024
Lead Investors: Lightspeed Venture Partners
Additional Investors: Insight Partners, Point Nine, and Air Street Capital
Company Website: https://www.intenseye.com/
Software Category: AI-powered Workplace Safety Solution
Source: https://www.businesswire.com/news/home/20240227534107/en/