Actuate announced it has closed its Series A financing of $8 million to expand the capabilities of its computer vision technology and build on the company’s growing portfolio of customers. The funding round was led by Tribeca Venture Partners and joined by Scribble Ventures, OCA Ventures, and Context Ventures, with additional support from existing investors, including Bling Capital, Upside Partnership, and Tensility Venture Partners.
PACOM Systems announced that Delta Community Credit Union has deployed PACOM’s GMS security platform to its growing network of 29 branches. The value-added reseller (VAR) for this on-going project is Southern Bank Equipment & ATMs of Duluth, Georgia. The $6 billion Delta Community is Georgia’s largest credit union with more than 400,000 members, 26 metro Atlanta branches and three out-of-state branch locations.