viisights announced a $10M fundraising round led by Israeli VC, Hive2040, with the participation of Migdal Insurance and existing investors headed by Firstime Ventures. These funds will expand marketing efforts and product enhancements to penetrate additional target markets, and initiate a new SaaS business model. viisights uses the most advanced AI-powered algorithms available to recognize abnormal behaviors and events of special interest, including violent events such as fighting or bullying, and suspicious activity recognition such as loitering, looting and vandalism, and then raises real-time alerts.
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