"Lumana Raises $24M in Funding to Enhance Video Security Platform and Expand Operations"
Lumana Raises $24M in Seed Funding
Lumana's Video Security Platform
Key Highlights:
- Seed Funding: Lumana raised $24 million in seed funding from investors including Norwest and S Capital.
- Video Security Platform: Lumana's platform utilizes artificial intelligence (AI) and distributed hybrid cloud architecture to analyze and extract value from visual data.
- Real-Time Analysis: The platform offers real-time video analysis with near-human-like perception, enabling organizations to receive alerts and insights in less than a second.
Lumana's Target Market
- Organizations with Video Security Needs: Businesses and institutions seeking advanced video security solutions to enhance their surveillance capabilities.
- Industries with Critical Event Monitoring: Sectors such as security, transportation, retail, and public safety that require real-time monitoring and analysis of video data.
- Companies Embracing AI and Cloud Technologies: Organizations looking to leverage AI and cloud architecture for improved data analysis and decision-making.
What Lumana Needs to Buy
- Technology Development: Investments in research and development to enhance the capabilities of their video security platform.
- Expansion of Operations: Resources to expand their operations and reach new customers in target industries.
- Partnerships and Collaborations: Collaborations with AI and cloud technology providers to further enhance their platform's capabilities.