Kogniz closes $10m funding round, launches Gun Detection module
Kogniz has announced a $10 million investment led by Ulu Ventures to help bring the company's technology product suite that predicts, detects, and resolves key safety and operational problems to commercial, industrial, school, and governmental organisations.
There was also participation by super{set} Venture Studio and its CEO and Co-Founder Tom Chavez, and The Indy Fund, K20 Fund, H. Barton Asset Management, among others.
Kogniz has raised $13.5 million in total to date.
Alongside the latest investment, it has unveiled a new Gun Detection module that uses computer vision and AI to identify firearms in real-time via a client's existing camera infrastructure.
Daniel Putterman, CEO at Kogniz, says: "By enabling a ready to deploy gun detection solution, we're making it dramatically easier for companies, governmental agencies, schools, and hospitals to prepare for and then help reduce the harm done by an active shooter event."
"Kogniz is tackling significant, long-standing gaps in safety, security, and operations and is truly helping organisations to better prepare before incidents happen," says Clint Korver, Co-founder and Managing Director at Ulu Ventures.
"We're thrilled to help the company bring innovative products using its next level computer vision technology to clients looking to solve safety challenges in ways not previously possible."
