Sorenson Capital Leads Oversubscribed Round
Supporting ZeroEyes' Mission to End Gun-Related
Violence
PHILADELPHIA, June 28,
2024 /PRNewswire/ -- ZeroEyes, the creators of the
only AI-based gun detection video analytics platform that holds the
US Department of Homeland Security SAFETY Act Designation, today
announced it has secured more than $53M in Series B funding. The oversubscribed
round was led by Sorenson Capital, with participation from Intel
Capital, BroadLight Capital and existing investors.
ZeroEyes is on a mission to stop gun-related violence in
the United States. The company
offers an affordable end-to-end security solution, from threat
detection to situational awareness, focused on proactively
identifying guns before shots are fired and providing actionable
intelligence to on-site staff and first responders.
"ZeroEyes is an unobtrusive force multiplier that helps protect
schools, businesses, and other organizations against gun-related
violence," said Mike Lahiff, CEO and
co-founder, ZeroEyes. "Our goal is for our software to become the
fire alarm of the future. Every building in America has a fire
alarm and at some point, every camera in the nation must have gun
detection software deployed. We will be that provider."
ZeroEyes' proactive AI gun detection and intelligent situational
awareness software currently protect thousands of buildings for
hundreds of customers in 42 states, and demand continues to grow in
the education, commercial, transit and government sectors.
"Effective gun detection technology is difficult. The team at
ZeroEyes has paired extensively trained military professionals with
the most comprehensive AI-forward software to ensure safety in
communities throughout the country," said Rob Rueckert, Partner at Sorenson Capital. "The
ZeroEyes team is, without exception, the most qualified team, with
many years of collective military training."
ZeroEyes' AI gun detection and intelligent situational awareness
software layers onto existing digital security cameras. If a gun is
identified, images are instantly shared with the ZeroEyes
Operations Center (ZOC), the industry's only U.S.-based, fully
in-house operation center, which is staffed 24/7/365 by specially
trained U.S. military and law enforcement veterans. If these
experts determine that the threat is valid, they dispatch alerts
and actionable intelligence — including visual description, gun
type, and last known location — to first responders and local staff
as quickly as 3 to 5 seconds from detection.
"Gun violence has changed the American education system. It's a
looming threat facing students, educators and families on a regular
basis," said Mark Lydon, Managing
Director at Intel Capital. "The ability of ZeroEyes' AI gun
detection software to increase physical safety in schools, and
beyond, offers a glimpse into a world where AI is leveraged to
address the most critical societal challenges."
The additional capital will be instrumental in propelling
ZeroEyes' growth strategy, including investments in channel
partnership programs, research and development, business expansion,
and the company's Gun Violence Research Center.
About ZeroEyes
ZeroEyes delivers a proactive,
human-verified AI gun detection software solution that integrates
into existing digital security cameras and helps mitigate mass
shootings and gun-related violence by reducing response times,
providing actionable intelligence with images and delivering
clarity among chaos — ultimately saving lives. ZeroEyes' patented
solution is recognized by the U.S. Department of Homeland Security
(DHS) as a promising anti-terrorism technology and is the first
video analytics technology to receive SAFETY Act DT&E
Designation.
Founded by Navy SEALs and elite technologists, ZeroEyes
dispatches accurate and real-time actionable intelligence about the
illegal brandishing of a gun near or in an occupied area or
building to local staff and law enforcement with an image of the
shooter(s) and location of the threat, as quickly as 3 to 5 seconds
from the moment the gun is detected.
The ZeroEyes team also provides consulting, installation
assistance and practice drills for active shooter events to enhance
safety at schools, corporate and government facilities.
Headquartered in the Greater
Philadelphia area, the company's affordable and effective
gun detection solution has been adopted by the US Department of
Defense, leading public K-12 school districts,
colleges/universities, healthcare facilities, commercial property
groups, manufacturing plants, Fortune 500 corporate campuses,
shopping malls, big-box retail stores and more. Learn more about
ZeroEyes at ZeroEyes.com.
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SOURCE ZeroEyes