Vector Flow held a press conference yesterday, March 3, to debut its AI-powered, data-centric physical security automation platform, and to announce its Series A funding of $9.2 million from venture firms, led by Mayfield Fund.
“We started working on this before the pandemic occurred; we wanted to analyze data and drive efficiencies in this industry, and then suddenly, we experienced COVID-19,” said Ajay Jain, president and CEO of Vector Flow. “And we were on the right track, because now people really want to remove human elements from situations. Our story in terms of developing our platform and application continued to be the same, but we started focusing more on identity and access management with an approach of optimizing for the pandemic.”
The Vector Flow platform is built on a foundation of advanced AI algorithms capable of processing and analyzing vast amounts of data from otherwise disparate security systems, data stores and input devices. The platform comes with application designer studio and a workbench which can be used by the customer and the systems integrator partner to extend any application running on the Vector Flow platform, or to create a completely new application utilizing the platform’s machine learning framework and designer tools without writing any code.
Three categories of solutions run on the new Vector Flow platform:
- Physical Workforce Identity Access Management (PIAM) which streamlines identity on/off boarding processes, physical access provisioning, access audits, compliance to regulations and risks analysis.
- Physical Security Operation Center (SOC) Automation which employs deep AI-based automation for SOC operations and autonomous alarm reduction and reporting, along with multiple functions to optimize overall operations.
- Cyber-Physical Security which performs an audit of physical security as it relates to cyber defense. For example, it enforces “defense in depth” concepts using advanced AI models to detect vulnerabilities related to critical infrastructure, like the data centers or laboratory doors. It also manages the vulnerabilities of the IoT devices in the physical security and building automation world to prevent cyber surface attacks. Vector Flow’s transformative technology not only will help in automating critical functions of physical security but also provide defense against cyber-physical attacks with an extra layer of security. This category of applications will be available in 2022.
“The reason why this is so great is because we are removing a very subjective delayed human element into the processing side of the house, and evolving your data,” Jain said. “In the physical security industry, it’s still 20 years behind, and we are thinking we should change it. Our approach is starting with the data — we analyze data, we have advanced models for AI and we use existing data to drive applications, which can bring you enormous benefits. So I think we’re really unique in this regard.”
Vector Flow is already onboarding several significant customers. This includes a global telecommunications provider with more than 450,000 identities which replaced legacy PIAM application with Vector Flow’s AI-enabled Physical Identity Lifecycle application. The unique Vector Flow solution promises to save millions of dollars in direct costs over the course of the contract while increasing overall security operations productivity, compliance to regulations and delivering valuable service to the enterprise.
In another example, a top research and pharmaceutical company, focused on anti-viral drugs and treatments, deployed Vector Flow’s AI-enabled Alarm Reduction Application to reduce their false and nuisance alarm counts and to streamline the SOC functions by establishing and measuring the KPIs across all SOCs.
The runtime edition of the platform is available now. The developer edition of the platform will be available in 2022. Learn more at www.vectorflow.com.