Overview
Alcatraz, a Cupertino-based AI-powered physical access control company, has raised $50 million in a Series B funding round, increasing its total capital raised to over $100 million. The funding was led by Blackpeak Capital, Cogito Capital, and Taiwania Capital, with additional participation from Almaz Capital, EBRD, Ray Stata, and others. The company aims to solve security issues by replacing traditional badges with facial authentication technology.
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Investors: Blackpeak Capital, Cogito Capital, Taiwania Capital, Almaz Capital, EBRD, Ray Stata
Alcatraz, a Cupertino-based AI-powered physical access control company, has raised $50 million in a Series B funding round, increasing its total capital raised to over $100 million. The funding was led by Blackpeak Capital, Cogito Capital, and Taiwania Capital, with additional participation from Almaz Capital, EBRD, Ray Stata, and others. The company aims to solve security issues by replacing traditional badges with facial authentication technology.