Alcatraz AI Funding: It Raises $25M Series A
Alcatraz AI, a Cupertino, CA-based leader in autonomous access control using 3D facial authentication and AI to create safe spaces, raised $25M in Series A funding.
The round was led by Almaz Capital and included EBRD (The European Bank for Reconstruction and Development), Endeavor Catalyst, Silverline Capital, and Golden Seeds, along with participation from existing investors JCI Ventures (the corporate venture arm of Johnson Controls), Ray Stata and LDV Partners.
The company intends to use the funds to expand operations and its business reach.
Led by Tina D’Agostin, CEO, Alcatraz AI leverages artificial intelligence and analytics to make decisions at the edge to protect businesses, people, and assets. Its facial authentication technology and intelligent tailgating detection enable enterprises to innovate and future-proof their security strategy. Alcatraz AI’s flagship product, the Rock, is deployed at some of the most successful enterprises in the world, including 25 of the Fortune 500. Since 2020, the company has seen massive growth in the US and globally, with over ten countries deploying Alcatraz solutions, securing over 1 million employees.
About Alcatraz AI
Alcatraz is changing the way that companies use access control systems by providing facial authentication solutions that leverage artificial intelligence and analytics to modernize their access control systems. Enterprises across the Fortune 2000 choose Alcatraz’s technology to enable autonomous access control and use its intelligence to optimize their security strategy. Our solutions are designed to be easy-to-implement and use – from seamless integration into existing infrastructure to easy adoption. Alcatraz’s technology enables companies to innovate and future-proof their security strategy.
When was Alcatraz AI founded?
Alcatraz AI was founded in 2016.
Who is the Founder of Alcatraz AI?
Vince Gaydarzhiev, the founder of Alcatraz AI, is a hardware engineer born in the city of Ruse, Bulgaria.
Is Alcatraz AI Hiring?
Alcatraz AI is hiring for multiple positions like product owner, technical project manager.
What is the Team Size of Alcatraz AI?
As per the popular social media site LinkedIn, Prolific Machines has 83 employees.
Where is the Head Office of Alcatraz AI?
Alcatraz AI’s headquarters is located at Cupertino, California
How much is the revenue of Alcatraz AI?
Alcatraz AI has not publicly revealed the revenue in the last round of funding.
Alcatraz AI Raises $25M Series A Funding. Congratulations to the entire team. I wish you great success in this endeavour.Shishir Gupta, Founder and CEO, StartupLanes
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