Butlr Raises $38 Million in Series B | The SaaS News
Summary
The firm manages over $3 billion for its limited partners and has invested in hundreds of companies and dozens of venture funds. Established in 2007, Foundry is headquartered in Boulder, Colorado, United States.The company will use the funding to support the growing demand for its sensors. The funds will also help Butlr refine its technology for faster emergency response and improved healthcare interventions.Butlr is an MIT Media Lab spinout that combines artificial intelligence with body heat sensing technology to build patented sensors and an anonymous people-sensing platform. Their sensors use body heat sensing and machine learning to gather insights on occupancy, movement, and space utilization without capturing personally identifiable information. Butlrs spatial insights are used by some of the worlds largest companies in hospitality, senior living, healthcare, commercial real estate, retail, and public transportation.