Ambient.ai Secures $20M from Allegion to Advance AI-Powered Physical Security

Ambient.ai Secures $20M from Allegion to Advance AI-Powered Physical Security
Image Credit: Ambient.ai

San Jose-based Ambient.ai, an AI-powered computer vision intelligence company transforming physical security, has raised $20 million in strategic funding from Allegion Ventures. This marks Allegion's largest corporate venture investment to date.

The new capital brings Ambient.ai's total funding to over $72 million. It will empower the startup's mission of preventing security incidents through AI-enabled solutions.

Ambient.ai provides an AI platform that acts as the central "brain" unifying disparate security systems. Its computer vision identifies threats across cameras in real-time and manages access control. This dramatically reduces false alarms, accelerates investigations, and generates data-driven insights.

Ambient.ai's clientele includes esteemed organizations such as Adobe, VMware, and Impossible Foods. Prior to this funding round, Ambient.ai had raised $52 million in Series A and Series B rounds from investors including Andreessen Horowitz (a16z), SV Angel, and Y Combinator.

The Ambient.ai Context Graph technology is key. It evaluates events through contextual analysis of location, object behaviors, and involved entities. The startup has amassed a library of threat signatures to identify risks from climbing perimeter walls to weapons detection.

Ambient.ai's customer base has expanded over 4X since its stealth launch in 2022. The growth has been fueled by large enterprises in technology, energy, and manufacturing.

This new Allegion partnership unlocks possibilities for deeper collaboration. Allegion provides connected hardware managing facility access points. Combined with Ambient.ai's AI surveillance, the joint solution offers robust threat response and access management.

Ambient.ai CEO Shikhar Shrestha noted, "Allegion's products bring exciting possibilities as we deliver compelling solutions to prevent complex security incidents."

Allegion President and CEO John H. Stone cited Ambient's alignment with their focus on innovative technology for seamless access and safety. This strategic investment could herald a promising future for AI-driven solutions in physical security, allowing organizations to stay a step ahead in identifying and mitigating potential threats.

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