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Alcatraz AI raises USD 25 million in Series A funding
Facial Recognition
Sep 13, 2022
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Facial Recognition

Facial Recognition

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Sep 13, 2022

Alcatraz AI raises USD 25 million in Series A funding

Funding

  • Alcatraz AI, a facial recognition-based access control systems developer, raised USD 25 million in a Series A round led by Almaz Capital with participation from the European Bank for Reconstruction and Development (EBRD), Endeavor Catalyst, Silverline Capital, Golden Seeds, JCI Ventures (the corporate venture arm of Johnson Controls), Ray Stata, and LDV Partners. 

  • The funds will be used to accelerate global expansion and product innovation targeting a variety of use cases for access control.  

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