Black.ai secures further funding to expand it surveillance technology

Melbourne startup Black.ai has secured a further $5.4 million in funding. The six year old company is aiming to expand beyond the retail market where A.I surveillance watches and analyses customers behaviour patterns. Black.ai is enthusiastically moving to get its ‘tech smarts’ into more real-world environments.

The company’s software has been built to work with any brand of camera to track and monitor customers to determine if they are engaging in any suspicious activity in real time.

Keaton Okkonen, the company’s co-founder and CEO told The Australian Financial Review: “In a retail business we really want to understand the journey of a person from the moment they enter to the moment they leave, and all the things that a person can interact with, while they’re in a space.” 

The funding will enable Black.ai to expand its opportunities for its ‘automated computer vision software’ into the health and mining sector.

- CyberBeat