Ambient.ai Secures $20 Million in Funding

Ambient.ai Secures $20 Million in Funding

Ambient.ai, a San Jose, CA-based company specializing in AI-powered computer vision intelligence (CVI) for the physical security industry, has received a $20 million strategic growth investment.

The investment was from Allegion Ventures. This funding brings Ambient.ai's total funding to over $72 million.

Allegion Ventures is the corporate venture fund of Allegion. It invests in and accelerates the growth of companies with innovative technology or software that bridges physical and digital security and creates seamless user experiences.

The company plans to use the funds to expand its partner ecosystem and integrations with other security products, along with further investing in research and development.

Funding Details

Company: Ambient AI, Inc.

Raised: $20.0M

Round: Strategic Growth Investment

Funding Month: October 2023

Lead Investors: Allegion Ventures

Additional Investors:

Company Website: https://ambient.ai/

Software Category: AI-powered Physical Security Platform