SiliconANGLE: Solink raises more than $100M to pull business data from security cameras with AI
Video intelligence company Solink Corp. revealed today that it has raised more than $100 million in new funding. Solink started out in Ottawa in 2009 selling cloud video surveillance, and its software now uses artificial intelligence to pull information out of the security cameras retailers, restaurants and warehouse operators already have installed. The company said […] The post Solink raises more than $100M to pull business data from security cameras with AI appeared first on SiliconANGL
Solink, a video intelligence company founded in 2009, has raised more than $100 million in new funding to develop AI software that extracts business data from security cameras already installed at retail, restaurant, and warehouse locations. The company's AI technology analyzes camera footage to reduce loss and uncover revenue opportunities, and recently added AI agents for perimeter security and loss prevention that run on edge devices without requiring proprietary cameras. According to the company's leadership, this funding marks a watershed moment for physical businesses to leverage their existing camera infrastructure for operational intelligence rather than requiring manual video monitoring. The funding was led by a Toronto-based private equity firm, with participation from Goldman Sachs and new investors, bringing total invested capital in the company to more than $198 million.
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