viisights

Video Intelligence Platform for Security and Surveillance

Aerospace, Defense & HLS
Private

Company Overview

Snapshot

Founded in July 2014 by Asaf Birenzvieg, Menashe Rothschild, Amjad Akkawi, and Simon Polak, viisights operates with 1–10 employees. The company has raised $21.2 million across three funding rounds from nine investors. In February 2022, viisights secured additional funding with HIVE 2040 as a lead investor.

Business overview

viisights provides advanced video analytics intelligence systems that utilize deep video-understanding technology. Its solutions are designed for safe and smart cities, smart businesses, infrastructure, and public safety applications. The company's technology processes and understands video content from surveillance cameras and sensors in near real-time, enriching actions, events, and scenes with intelligence and alerts. viisights operates in the Aerospace, Defense & HLS sector, with a focus on Security & Surveillance Integration, and also addresses the Automotive & Mobility Technologies market with its autonomous and connected solutions.

Strategic signal

In December 2023, viisights faced significant financial challenges, accumulating debts of 9 million Shekels and seeking a stay of proceedings, citing the general economic situation. This indicates a critical operational and financial inflection point for the company, signaling potential restructuring or strategic shifts to investors.

Company Intelligence Q&A

When was viisights founded?
viisights was founded in July 2014.
What was a significant recent funding event for viisights?
In February 2022, viisights secured additional funding, with HIVE 2040 participating as a lead investor.
What was a notable recognition viisights received?
In September 2018, viisights was named a Cool Vendor in AI for Computer Vision by Gartner Research Group.
What strategic partnership did viisights announce in 2021?
In October 2021, PSA Security Network added viisights to its technology partner lineup.
What was a key operational challenge viisights encountered recently?
In December 2023, viisights accumulated debts of 9 million Shekels and requested a stay of proceedings, attributing the situation to broader economic conditions.

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