202406 Apr

Lumana Raises $24M in Seed Funding

Summary

Led by CEO Sagi Ben Moshe, Lumana provides organizations with a video security platform that leverages artificial intelligence (AI) and distributed hybrid cloud architecture to understand and exploit the value of their visual data. The platform is currently being used by customers to analyze over a million data points every second, including people, vehicles, faces, object attributes and activities, and identify trends. With Lumana, customers receive alerts and relevant insights in less than a second, improving data analysis and incident response time compared to other video security systems. Commenting on the news, Sagi Ben Moshe said: “Visual AI enhances our ability to extract data and make smarter decisions. Historically, getting useful information from video has been time-consuming, cost-prohibitive and manual.” Founded in 2021, Lumana is based in Los Gatos, Calif., with offices in Tel Aviv.

Source: Finsmes

Funding

$24M
Amount
Apr 06 2024
Date
-
Investor
Lumana
Company

Classifications

Companies