Tech Company Financing Transactions
Alcatraz AI Funding Round
Almaz Capital Partners, EBRD Venture Capital Investment Programme and Endeavor Catalyst invested in a $25 million Series A funding round for Alcatraz AI. The financing was announced on 9/13/2022.
Transaction Overview
Company Name
Announced On
9/13/2022
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
490 California Ave. 400
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
Alcatraz' mission is to make authentication secure and frictionless. The platform is scalable, fast, easy to integrate and works with existing access control systems. We use computer vision and artificial intelligence for real-time decision making on the edge. Over time, we will be adding more applications in a wide range of verticals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vince Gaydarzhiev
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