What is Umbo CV?
Founded in 2014 and headquartered in San Francisco, California, Umbo CV is at the forefront of developing autonomous video security systems for businesses and organizations. Leveraging artificial intelligence, the company aims to revolutionize the security industry by providing intelligent, automated surveillance solutions. This focus on AI-driven security positions Umbo CV as a key player in a rapidly evolving technological landscape, offering advanced capabilities beyond traditional security measures.
How much funding has Umbo CV raised?
Umbo CV has raised a total of $10.8M across 2 funding rounds:
Angel/Seed
$2.8M
Other Financing Round
$8M
Angel/Seed (2016): $2.8M with participation from Wistron, AppWorks, Phison Electronics, and Mesh Ventures
Other Financing Round (2019): $8M led by Shin-Kong Capital, Shin-Kong Security, TransLink Capital, and Susquehanna International Group
Key Investors in Umbo CV
Wistron
Wistron Corporation is a major original design manufacturer and technical services computer company based in Taipei, Taiwan, known for its extensive work in computer product manufacturing.
AppWorks
AppWorks is an accelerator and early-stage venture capital firm supporting tech startups in Greater Southeast Asia, providing tailored support, resources, and financing.
Phison Electronics
Phison Electronics Corp. is a global leader in NAND Flash controller IC and storage solutions, providing a variety of services from controller design to total turnkey solutions.
What's next for Umbo CV?
The recent major strategic investment in Umbo CV signals a pivotal moment for the company, likely enabling accelerated product development, market expansion, and enhanced research into AI-driven security technologies. This capital infusion, part of its $10.8M in total financing, suggests a strategic push towards scaling operations and solidifying its market position. Future endeavors may include further integration of advanced AI algorithms, expanding its enterprise client base, and potentially exploring new applications for its autonomous video security platforms.
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