tech
Coram raised $35 million to turn security cameras into AI detectives
The security company works with existing cameras today, but Coram's CEO sees robot dogs and humanoids as part of the startup's future.
TL;DR
- Coram AI has raised $35 million in Series B funding, bringing its total capital raised to $66 million.
- The company's platform uses AI to help organizations utilize their existing security equipment more effectively.
- Coram AI is part of the growing 'physical AI' category, which has seen significant venture capital investment.
- The startup was cofounded by former autonomy leaders from Lyft and Zoox.
- Coram AI aims to compete in a crowded security market and has seen significant revenue and customer growth.
- The new funds will support sales team expansion and product development, including a tool for natural language querying of security data.
- Coram AI has found traction with organizations like school districts, offering features like firearm detection and automated alerts.
- The company's long-term vision includes integrating with robots like robot dogs and humanoids for enhanced security.