Last week, AI video analytics safety solution provider Intenseye Inc. closed a $64 million in a Series B investment. On the same day, February 27th, another AI video provider, Rhombus, secured over $43 million via funding and financing. The two deals shine a light on an AI segment that is standing out within a steadily growing security market. “The video surveillance market has seen a major surge in the adoption of AI-enabled cameras capable of edge processing over the past 2-3 years,” according to our latest video surveillance research, which forecasts the percentage of network security cameras shipped with built-in AI capabilities to rise steadily from around 18% in 2022 to over 50% by 2028. Intenseye: Funding for Workplace Safety AI Video Istanbul-born and New York-based Intenseye provides its customers with greater visibility into unseen hazards, ergonomic risk factors, and leading indicator data that precede dangerous situations in the workplace using AI-enabled computer vision. Intenseye […]