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SDM Newswire

ZeroEyes Secures $53 Million in Series B Funding

By SDM Editors
ZeroEyes logo

 

May 28, 2024

ZeroEyes has secured more than $53 million in Series B funding. The oversubscribed round was led by Sorenson Capital, with participation from Intel Capital, BroadLight Capital and existing investors.

ZeroEyes says it 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 protects 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.”

“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, the announcement concludes.

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KEYWORDS: artificial intelligence (AI) gun detection ZeroEyes

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