Evolon Raises $16M in Series A Funding
Summary
The backers were not disclosed. The company intend sto use the funds to expand the team and accelerate research and product development efforts, enhance sales and marketing initiatives, implement new products and solutions, and drive growth in the perimeter surveillance software industry. Led by Kevin Stadler, CEO, Evolon is a developer of proprietary software technology that takes surveillance video and turns it into real time actionable information. Its Situational Intelligence® solutions combine patented advancements and emerging technologies to deliver real-time detection of objects of interest and classification accuracy. FinSMEs
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