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Data Center News > Blog > Investments > Lumana Raises $24M in Seed Funding
Investments

Lumana Raises $24M in Seed Funding

Last updated: April 6, 2024 6:10 pm
Published April 6, 2024
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Lumana Raises $24M in Seed Funding
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Lumana Platform: AI + Distributed Hybrid Cloud Improves Video Detection Capabilities

Lumana, a Los Gatos, CA-based supplier of a video safety platform, raised $24M in Seed funding.

Backers included Norwest and S Capital.

The corporate intends to make use of the funds to develop operations and its improvement efforts.

Led by CEO Sagi Ben Moshe, Lumana supplies organizations with a video safety platform that leverages synthetic intelligence (AI) and distributed hybrid cloud structure to grasp and exploit the worth of their visible knowledge. Its video safety answer analyzes video in actual time with near-human-like notion to offer visibility when crucial occasions happen.

The platform is presently being utilized by prospects to investigate over 1,000,000 knowledge factors each second, together with individuals, automobiles, faces, object attributes and actions, and establish traits. With Lumana, prospects obtain alerts and related insights in lower than a second, bettering knowledge evaluation and incident response time in comparison with different video safety programs.

Commenting on the information, Sagi Ben Moshe stated: “Visible AI enhances our skill to extract knowledge and make smarter selections. Traditionally, getting helpful data from video has been time-consuming, cost-prohibitive and guide.”

Based in 2021, Lumana relies in Los Gatos, Calif., with places of work in Tel Aviv.

FinSMEs

06/04/2024

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See also  True Anomaly Raises $260M in Series C Funding
TAGGED: 24M, Funding, Lumana, Raises, Seed
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