Lumana, a Los Gatos, CA-based company specializing in video security solutions powered by artificial intelligence and distributed hybrid cloud architecture, has raised $24 million in seed funding.
Investors
The round was led by Norwest and S Capital.
Norwest Venture Partners is a venture and growth equity investment firm. The firm targets early to late-stage venture and growth equity investments across several sectors, including cloud computing and information technology, Internet, SaaS, business and financial services, and healthcare.
Founded in 2018, S Capital VC is a venture capital firm based in Tel Aviv, Israel. The firm seeks to invest in deep technology, cybersecurity, fintech, enterprise software, SaaS tech, machine learning, and data analytics.
About Lumana
Lumana is a company that provides AI-powered video security and safety platform leveraging advanced AI technology and a distributed hybrid cloud infrastructure to enhance security and safety measures, improve operational efficiency, and streamline incident response for organizations. Its all-in-one video security solution analyzes video in real-time with near-human-like perception to provide unmatched visibility when critical events occur. Founded in 2021, Lumana is based in Los Gatos, Calif., with offices in Tel Aviv.
Funding Details
Company: Lumana.AI, Inc.
Raised: $24.0M
Round: Seed Round
Funding Month: April 2024
Lead Investors: Norwest and S Capital
Additional Investors:
Company Website: https://www.lumana.ai/
Software Category: Video Security Solution
Source: https://www.prnewswire.com/news-releases/lumana-emerges-from-stealth-to-create-a-world-where-every-second-of-video-delivers-actionable-impactful-insights-302105105.html